United Homes (UHG) - 2024 Q1 - Quarterly Results

Exhibit 99.1 UNITED HOMES GROUP, INC. REPORTS 2024 FIRST QUARTER RESULTS First Quarter 2024 Highlights COLUMBIA, SC., May 10, 2024 / United Homes Group, Inc. (the "Company") (NASDAQ: UHG) today announced results for the first quarter ended March 31, 2024. First Quarter 2024 Operating Results For the first quarter 2024, net income was $24.9 million, or $0.44 per diluted share, which included change in fair value of derivative liabilities of $26.4 million, with that change predominantly due to changes in fair ...