Legacy Housing Q3 net income up 13.4% to $14.7M; announces $10M buyback

Legacy Housing Corp

2022-Q3 EPS reported $1.92 revenue$181,464,000

Net revenue $57.3M (+1.5% YoY); net income $14.7M ($0.60 basic EPS, +11.1% YoY).
Income from operations $16.9M (+10% YoY); book value $362.2M (+22.5% YoY).
Board approved $10M stock repurchase program, effective through Oct 31, 2025.
CEO cited slower Eatonton, GA shipments but strong backlog and net cash position.

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 0.9

Legacy Housing Corp reported the third quarter ended September 30, 2022 results: revenue $57.3 million, net income $14.7 million, EPS $0.60.

Period: the third quarter ended September 30, 2022
Revenue: $57.3 million
Net income: $14.7 million
EPS: $0.60
Result: reported results

Exact text from the filing

◾ Net revenue for the third quarter of 2022 was $57.3 million, an increase of 1.5% from the third quarter of 2021. ◾ Income from operations for the third quarter of 2022 was $16.9 million, an increase of 10.0% from the third quarter of 2021. ◾ Net income for the third quarter of 2022 was $14.7 million, an increase of 13.4% from the third quarter of 2021. ◾ Basic earnings per share for the third quarter of 2022 was $0.60, an increase of 11.1% from the third quarter of 2021.

View on SEC.gov

Browse all earnings releases →

Legacy Housing Corp filing history →

Source: SEC EDGAR

accession 0001558370-22-017710

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.