secwatch.observer — SEC 8-K summary
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Issuer:     BEAZER HOMES USA INC (BZH)
CIK:        0000915840
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0000915840-25-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beazer Q1 EPS $0.10 vs $0.70 YoY; adjusted EBITDA down 39.4% to $23M
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- Net income from continuing ops $3.1M ($0.10 diluted EPS) vs $21.7M ($0.70) a year ago.
- Homebuilding revenue $460.4M, up 20.9% on 22.1% more closings (907); ASP down 1.0% to $507.6k.
- Homebuilding gross margin 15.2% (18.2% ex impairments and amortized interest), down 470 bps YoY.
- Net new orders 932 (+13.2%); active communities up 19.9% to 163; cancellation rate fell to 16.5%.
- Credit facility upsized to $365M in January; company targets ~180 communities by FY25 end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915840/000091584025000005/0000915840-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915840/000091584025000005/bzh-20250130.htm
  HTML page:      https://secwatch.observer/filing/0000915840-25-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer