The New Home Company Reports 2018 Fourth Quarter and Full Year Results
New Home Company Inc. (The) (NWHM)
Last new home company inc. (the) earnings: 8/3 06:00 am
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ir.nwhm.com
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Source: Business Wire
2018 Fourth Quarter Financial Results- Diluted EPS of $(0.80) per share -- Adjusted EPS of $0.28*, excluding inventory and joint venture impairment charges -- Backlog units up 25%, dollar value up 28% -- Deliveries up 35% -- Ending community count up 18% - ALISO VIEJO, Calif.--(BUSINESS WIRE)-- The New Home Company Inc. (NYSE: NWHM) today announced results for the 2018 fourth quarter and full year. Fourth Quarter 2018 Financial Results Net loss of $16.2 million, or $(0.80) per diluted share, including $30.0 million of pretax inventory and joint venture impairment charges Adjusted net income of $5.6 million*, or $0.28* per diluted share, compared to $14.2 million*, or $0.67* per diluted share, for the 2017 fourth quarter Total revenue of $229.7 million; home sales revenue of $187.3 million Deliveries up 35% to 187
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