secwatch.observer — SEC 8-K summary
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Issuer:     Legacy Housing Corp (LEGH)
CIK:        0001436208
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001104659-26-057434
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Legacy Housing Q1 net income +6.3% to $10.9M; EPS $0.46; $7.1M workforce housing order deposit
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- Net revenue $34.4M (-3.7% YoY); net income $10.9M (+6.3% YoY); diluted EPS $0.46 (+12.2% YoY).
- Income from operations $12.4M (+6.9% YoY); book value per share $22.66 (+2.1% from Dec 31, 2025).
- Received $7.1M non-refundable advance deposit for large workforce housing order; deliveries start Q2 2026.
- Repurchased 30,740 shares for ~$573K under new $10M buyback program authorized Feb 6, 2026.
- Ended Q1 with $14.1M cash and essentially undrawn revolver; CEO cites retail/direct sales strength.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1436208/000110465926057434/0001104659-26-057434-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1436208/000110465926057434/legh-20260507x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-057434

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