Hovnanian Enterprises (HOV) Reports Q1 Loss of $1.49/sh

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Hovnanian Enterprises Reports Fiscal 2020 First Quarter Results

March 5, 2020 9:15 AM EST

30% Year-over-Year Increase in Total RevenuesConsolidated Contracts Grew 42% Year-over-Year

MATAWAN, N.J., March 05, 2020 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal first quarter ended January 31, 2020.

RESULTS FOR THE THREE-MONTH PERIOD ENDED JANUARY 31, 2020: 

Total revenues increased 29.8% to $494.1 million in the first quarter of fiscal 2020, compared with $380.6 million in the same period of the prior year.... More