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Stock impact report

Hovnanian Enterprises Reports Fiscal 2025 Second Quarter Results

Hovnanian Enterprises, Inc. Class A (HOV) 
US:NYSE Investor Relations: khov.com/investor-relations
Company Research Source: GlobeNewswire
Second Highest TTM ROE Amongst Midsized HomebuildersRedeemed Early the Remaining $27 Million of the 13.5% Senior Notes Due 2026 and Repurchased 2% of Our Common Stock15% Year-Over-Year Increase in Consolidated Community Count and Consolidated Lots Controlled MATAWAN, N.J., May 20, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal second quarter and six months ended April 30, 2025. RESULTS FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED APRIL 30, 2025: Total revenues decreased 3.1% to $686.5 million in the second quarter of fiscal 2025, compared with $708.4 million in the same quarter of the prior year. For the six months ended April 30, 2025, total revenues increased 4.4% to $1.36 billion compared with $1.30 billion in the first half of fiscal 2024.Domestic unconsolidated joint ventures(1) sale of homes revenues for the second quarter of fiscal 2025 increased 21.4% to $144.5 million (207 homes) compa Show less Read more
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