AV Homes (AVHI) Misses Q2 EPS by 15c
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AV Homes Reports Results for Second Quarter 2015
July 30, 2015 4:07 PM EDTSecond Quarter 2015 Highlights - as compared to the prior year second quarter (unless otherwise noted)
Total revenue increased 54% to $79.4 million Homebuilding revenue increased 57% to $75.9 million Net loss was $4.5 million, or $0.20 per share, compared to a net loss of $2.3 million, or $0.10 per share Closings increased 52% to 291 units Net new order value increased 85% to $137.5 million on a 75% increase in units Backlog value increased 83% to $226.5 million on 803 units Selling communities increased to 38 from 19 and... More