---
schema_version: "secwatch.filing_event.v1"
accession: "0000915840-24-000013"
form_type: "8-K"
ticker: "BZH"
cik: "0000915840"
company_name: "BEAZER HOMES USA INC"
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T12:33:41.843623+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Beazer Homes Q1 FY2024 net income $21.7M ($0.70 EPS), down from $0.80; revenue $380.9M, down 14.2%

## Summary
- Net income $21.7M ($0.70 diluted EPS) vs $24.4M ($0.80) a year ago; adjusted EBITDA $38.0M, down 19.4%.
- Homebuilding revenue $380.9M (-14.2%); closings 743 (-10.8%); ASP $512.7k (-3.8%); gross margin (ex-items) 22.9% (+60 bps).
- Net new orders 823, up 70.7%; sales pace 2.0/community/month (from 1.3); community count up 13.5% to 137.
- Backlog value $932.8M, flat; cancellation rate fell to 19.0% from 37.1%.
- Cybersecurity incident at title insurer delayed some closings; all completed by mid-January; operations normal.

## SEC filing metadata
- accession: 0000915840-24-000013
- form_type: 8-K
- ticker: BZH
- cik: 0000915840
- company_name: BEAZER HOMES USA INC
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915840/000091584024000013/0000915840-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915840/000091584024000013/bzh-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915840-24-000013
- JSON: https://secwatch.observer/filing/0000915840-24-000013.json
- Plain text: https://secwatch.observer/filing/0000915840-24-000013.txt

## Key facts
- Earnings Releases
  BEAZER HOMES USA INC reported the three months ended December 31, 2023 results: revenue $380.9 million, net income $21.7 million, EPS $0.70 per diluted share.
  - Period: the three months ended December 31, 2023
  - Revenue: $380.9 million
  - Net income: $21.7 million
  - EPS: $0.70 per diluted share
  - Result: reported results
  source text: from continuing operations of $24.4 million, or $0.80 per diluted share, in fiscal first quarter 2023 • Adjusted EBITDA of $38.0 million, down 19.4% • Homebuilding revenue of $380.9 million, down 14.2% on a 10.8% decrease in home closings to 743 and a 3.8% decrease in average selling price (ASP) to $512.7 thousand • Homebuilding gross margin was 19.9%, up 70 basis
  evidence_url: https://www.sec.gov/Archives/edgar/data/915840/000091584024000013/0000915840-24-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.