Beazer Homes USA(US:BZH)2024-05-01 22:18Q2 2024 Performance - New home orders increased by 10% to 1,299 units[24] - The average selling price increased by 1.2% to $515,900[24] - Homebuilding gross margin was 21.7%, a decrease of 30 basis points[24] - Adjusted EBITDA was $58.8 million, a decrease of 5.4%[24] - Net income from continuing operations increased by 12.9% to $39.2 million[24] Fiscal Year 2024 Expectations - The company anticipates community count to increase by approximately 15%[41] - The company expects to close over 4,750 homes[41] - The average sales price is expected to be around $510,000[41] - The company anticipates adjusted EBITDA to be greater than $260 million[41] Balance Sheet and Debt - As of March 31, 2024, the valuation allowance on state attributes was $30.4 million[9] - Net debt to net capitalization ratio was 43.4%[44]