Comstock Holding (CHCI) Reports Q2 Loss of $0.55/Share
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Comstock Holding Companies Reports First Quarter 2016 Results
May 16, 2016 7:15 PM EDTWASHINGTON & RESTON, Va.--(BUSINESS WIRE)-- Comstock Holding Companies, Inc., (NASDAQ: CHCI), announced results for the first quarter ended March 31, 2016:
Highlights of First Quarter 2016:
Total revenue of $9.7 million for the three months ended March 31, 2016 compared to $10.3 million for the same period in 2015; Unit deliveries of 22, generating homebuilding revenue of $9.5 million for the three months ended March 31, 2016 compared to unit deliveries of 21 generating $10.0 million of homebuilding revenue for the same period in 2015; Backlog at March 31, 2016 of 38 units valued at $16.3 million, compared to... More