Comstock Holding (CHCI) Reports Q1 Loss of $0.04

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Go back to Comstock Holding (CHCI) Reports Q1 Loss of $0.04

Comstock Holding Companies Reports First Quarter 2015 Results

May 15, 2015 4:30 PM EDT

Q1 revenue up 29% to 10.3 million from $8.0 million in Q1 2014

Pipeline of controlled land inventory up 74% to 1,146 lots from 657 lots in Q1 2014

WASHINGTON & RESTON, Va.--(BUSINESS WIRE)-- Comstock Holding Companies, Inc., (NASDAQ: CHCI), announced results for the first quarter ended March 31, 2015:

First Quarter 2015 Financial Results:

Total revenue of $10.3 million for the three months ended March 31, 2015 compared to $8.0 million for the same period in 2014; Unit deliveries of 21, generating homebuilding revenue of $10.0 million for the three months ended March 31,... More