AV Homes (AVHI) Tops Q4 EPS by 8c

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AV Homes Reports Results for Fourth Quarter 2014

February 26, 2015 4:01 PM EST

Fourth Quarter 2014 Highlights - as compared to the prior year fourth quarter (unless otherwise noted)

Total revenue increased 100% to $104.0 million Homebuilding revenue increased 123% to $100.6 million Net income was $1.6 million, or $0.07 per share, compared to $1.8 million, or $0.08 Closings increased 123% to 382 units Net new order value increased 142% to $58.7 million on a 131% increase in units Backlog value increased 115% to $85.8 million on 331 units Selling communities increased to 27 from seven and communities with... More