AV Homes (AVHI) Reports In-Line Q1 EPS

Go back to AV Homes (AVHI) Reports In-Line Q1 EPS

AV Homes Reports Results for First Quarter 2015

April 30, 2015 4:32 PM EDT

First Quarter 2015 Highlights - as compared to the prior year first quarter (unless otherwise noted)

Homebuilding revenue increased 108% to $53.3 million Total revenue increased 34% to $58.8 million Net loss was $5.0 million, or $0.23 per share, compared to a net loss of $1.9 million, or $0.09 per share Closings increased 113% to 213 units Net new order value increased 162% to $130.5 million on a 143% increase in units Backlog value increased 69% to $164.7 million on 603 units Selling communities increased to 36 from... More