Home sales revenue increased 43.5% to $418.2 million Net new home orders of 760 increased 34.5% Net income of $2.9 million or $0.08 per share Adjusted net income of $13.3 million or $0.36 per share, a 9% increase Home sales gross margin of 14.9%, 21.1% on an adjusted basis Book value per share of $17.94 DALLAS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company") announced today financial results for the second quarter ended June 30, 2024. For the qua ...

Exhibit 99.1 Landsea Homes Reports Second Quarter 2024 Results • Home sales revenue increased 43.5% to $418.2 million • Net new home orders of 760 increased 34.5% • Net income of $2.9 million or $0.08 per share • Adjusted net income of $13.3 million or $0.36 per share, a 9% increase • Home sales gross margin of 14.9%, 21.1% on an adjusted basis • Book value per share of $17.94 Dallas, Texas – August 1, 2024 – Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company") announced today financi ...

Homes prioritize sustainability, healthy living, energy savings and connected living to make life at home easier and more comfortable "We are known for our industry-leading High Performance Homes and can't wait for homebuyers in the DallasFort Worth region to experience Landsea Homes' high standard of living," said Melissa Kelly, Dallas-Fort Worth Division President, Landsea Homes. "Our High Performance Homes are just another example of how we strive to enhance the lives of our homebuyers by creating the ul ...

Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. Given the way analysts feel about Landsea Homes right now, this huge ...

DALLAS, July 11, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) announced today that the company will release its results for the second quarter of 2024 before the market opens on Thursday, August 1, 2024. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Replay Details: Toll-free replay number: 844-512-2921 International replay number: 412-317-6671 Replay ID: 11156580 About Landsea ...

Replay Details: Toll-free replay number: 844-512-2921 International replay number: 412-317-6671 Replay ID: 11156580 Media Contact: Annie Noebel Cornerstone Communications anoebel@cornerstonecomms.com (949) 449-2527 About Landsea Homes Corporation Conference Call Details: Date: Thursday, August 1, 2024 Time: 10:00 AM Eastern Time Toll-free dial-in number: 800-274-8461 International dial-in number: 203-518-9814 Landsea Homes Corporation (Nasdaq: LSEA) is a publicly traded residential homebuilder based in Dall ...

"We have been expanding rapidly across California lately and this acquisition marks an exciting milestone for Landsea Homes – our entrance into Orange County's desirable coastal city of Huntington Beach," said Tom Baine, California Division President, Landsea Homes. "We look forward to bringing these new townhomes at Essex + Gage to homebuyers who are eager to break into the competitive Southern California housing market and enjoy all that Orange County living has to offer." Buyers will also be able to take ...

Mason will feature 44 High Performance townhomes in one of Orange County's most desirable and populous cities Acquisition bolsters Landsea Homes' presence in one of the nation's most sought-after housing markets ANAHEIM, Calif., June 3, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today it has closed on 44 homesites for a new community called Mason in Anaheim, California. Land development has already be ...

Every home at Dublin Centre will contain Landsea Homes' renowned High Performance Home features including smart home automation technology utilized by the Apple HomeKit™ to make life at home healthier and more comfortable. The smart home automation features include an Apple® HomePod mini™, wireless access point, Wi-Fi enabled entry door locks, thermostat control, garage door opener control, light dimmer switches, a doorbell camera, and smart home activation via Best Buy's Geek Squad. Homes will also contain ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38545 Landsea Homes Corporation (Exact Name of Registrant as Specified in Its Charter) Delaware 82-2196021 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification Number) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quar ...