The New Home Co. (NWHM) Reports Q1 EPS of $0.03, Revenues Miss; Offers 2Q & FY21 Revenues Guidance Below Consensus
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The New Home Company Reports 2021 first Quarter Results
April 30, 2021 6:00 AM EDTSCOTTSDALE, Ariz.--(BUSINESS WIRE)-- The New Home Company Inc. (NYSE: NWHM) today announced results for the 2021 first quarter.
First Quarter 2021 Financial Results
Net income of $0.6 million, or $0.03 per diluted share, compared to a net loss of $8.5 million, or $(0.42) per diluted share, for the 2020 first quarter, which included $16.3 million of pretax charges Adjusted net income for the 2021 first quarter of $1.5 million*, or $0.08 per diluted share*, after excluding transaction costs and the remeasurement impact of our deferred tax asset related to the acquisition of Epic... More