Cavco Industries (CVCO) Tops Q3 EPS by 38c

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Cavco Industries Reports Fiscal 2017 Third Quarter Results

February 6, 2017 4:05 PM EST

PHOENIX, Feb. 06, 2017 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (NASDAQ: CVCO) today announced financial results for the third fiscal quarter ended December 31, 2016.

Financial highlights include the following:

Net revenue for the third quarter of fiscal year 2017 totaled $202.3 million, up 11.5% from $181.4 million for the third quarter of fiscal year 2016. The increase is primarily from 8.5% higher home sales during the period. Net revenue for the first nine months of fiscal 2017 was $575.8 million, up 7.6% from $535.1 million for the comparable prior year period, from 7.9% greater home sales... More