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, 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 ...