Legacy Housing Q1 revenue down 18.2% to $43.2M; EPS $0.62

Legacy Housing Corp

2024-Q1 EPS reported $0.60 revenue$43,243,000

Net revenue $43.2M, down 18.2% YoY; income from operations $16.8M, down 8.7%.
Net income $15.1M, down 7.0% YoY; basic EPS $0.62, down 7.1%.
Book value $450.4M, up 13.2% YoY; book value per share $18.46.
Repurchased 261,529 shares at avg $20.56; first buyback since 2020.
Management cites improving sales volumes and focus on balance sheet value.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Legacy Housing Corp reported first quarter ended March 31, 2024 results: revenue $43.2 million, net income $15.1 million, EPS $0.62.

Period: first quarter ended March 31, 2024
Revenue: $43.2 million
Net income: $15.1 million
EPS: $0.62
Result: reported results

Exact text from the filing

“Legacy", NASDAQ: LEGH) today announced its financial results for the first quarter ended March 31, 2024. Financial Highlights § Net revenue for the first quarter of 2024 was $43.2 million, a decrease of 18.2% from the first quarter of 2023. § Income from operations for the first quarter of 2024 was $16.8 million, a decrease of 8.7% from the first quarter of

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Source: SEC EDGAR

accession 0001104659-24-060745

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