secwatch.observer — SEC 8-K summary
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Issuer:     LGI Homes, Inc. (LGIH)
CIK:        0001580670
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001580670-25-000011
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LGI Homes reports Q4 net income $50.9M, full year 2024 revenue down 6.6%; issues 2025 guidance for 6,200-7,000 closings
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- Q4 2024 home sales revenues $557.4M (down 8.4% YoY); net income $50.9M ($2.15 diluted EPS).
- Full year 2024 closings 6,131 including bulk sale; gross margin 24.2% (up 120bps); adjusted gross margin 26.3%.
- Active communities at year end up 29.1% to 151; owned lots 70,899.
- 2025 guidance: closings 6,200-7,000; avg price $360k-$370k; gross margin 23.2%-24.2%.
- Net debt to capitalization 41.2%; total liquidity $323.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580670/000158067025000011/0001580670-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580670/000158067025000011/lgih-20250225.htm
  HTML page:      https://secwatch.observer/filing/0001580670-25-000011

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