The New Home Co. (NWHM) Misses Q1 EPS by 6c

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The New Home Company Reports 2016 First Quarter Results

April 29, 2016 6:00 AM EDT

- Backlog Dollar Value up 183% to $234 million -
- New Home Orders up 124% -
- Wholly Owned Community Count up 150% -

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- The New Home Company Inc. (NYSE: NWHM) today announced results for the 2016 first quarter.

Larry Webb, the Companys Chief Executive Officer, commented, The New Home Company continues to lay the foundation for long-term growth. We increased our wholly owned community count by 150% and ended the 2016 first quarter with over 180% more homes in backlog than we had in the... More