UCP (UCP) Tops Q1 EPS by 1c

Go back to UCP (UCP) Tops Q1 EPS by 1c

UCP Reports First Quarter 2016 Results

May 9, 2016 7:00 AM EDT

- Net Income Improved to $0.01 Per Share -

- Revenue from Homebuilding Increased 60.0% to $68.2 million -

- Adjusted Homebuilding Gross Margin Expanded 130 basis points to 19.9% -

SAN JOSE, Calif.--(BUSINESS WIRE)-- UCP, Inc. (NYSE: UCP) today announced its results of operations for the three months ended March 31, 2016.

First Quarter 2016 Highlights Compared to First Quarter 2015

Net income increased to $0.2 million, or net income attributable to shareholders of UCP of $0.01 per share Total consolidated revenue grew 56.8% to $68.2 million... More