Cavco Industries, Inc. (CVCO) Tops Q1 EPS by 3c

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Cavco Industries Reports Fiscal 2014 Fourth Quarter and Year End Results

May 22, 2014 4:45 PM EDT

PHOENIX, May 22, 2014 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and year ended March 29, 2014.

Net revenue for the fourth quarter of fiscal year 2014 totaled $131.2 million, up 20.6% from $108.8 million for the fourth quarter of fiscal year 2013. Net income was $4.2 million for the fiscal 2014 fourth quarter compared to $3.0 million reported in the same quarter one year ago.

Net income attributable to Cavco stockholders for the fiscal 2014 fourth quarter was $4.2 million, compared to $1.4 million reported in the same quarter of the prior year. The prior year... More