Landsea Homes (LSEA) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Landsea Homes Reports First Quarter 2024 Results First Quarter 2024 Highlights Dallas, Texas – May 1, 2024 – Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the first quarter ended March 31, 2024. For the quarter, the Company reported pretax income of $0.7 million, and net income of$0.2 million, or $0.01 per share. Excluding one-time transaction costs of$1.7 million, net income was $1.9 million or$0.05 ...