Comstock Homebuilding (CHCI) Reports Q2 Loss of $0.08/Share

Comstock Homebuilding (NASDAQ: CHCI) reported Q2 EPS of ($0.08), versus ($0.04) reported last year. Revenue for the quarter came in at $11.8 million, versus $12.2 million reported last year.

Net new orders of homes totaled 36 for the three months ended June 30, 2014 compared to 44 in the same period last year. For the six months ended June 30, 2014, net new orders totaled 67, as compared to 77 in the prior year. Backlog totaled 48 units (representing $24.8 million in revenue) as of June 30, 2014 compared to 43 units (representing $18.8 million in revenue) as of June 30, 2013. Average backlog price increased to $517,000 from $438,000 in the same period last year.

For earnings history and earnings-related data on Comstock Homebuilding (CHCI) click here.

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