Hovnanian Q2 net loss $0.6M ($0.46/diluted); revenue $667.6M, down 2.7% YoY

HOVNANIAN ENTERPRISES INC

Homebuilding gross margin (GAAP) 10.2% vs 13.8% YoY; non-GAAP 14.3% above guidance.
Adjusted EBITDA $41.1M, above guidance; income before tax $0.3M vs $26.5M YoY.
Domestic consolidated contracts up 1% to 1,412 homes; dollar value $759.9M.
Total liquidity $442M well above target $170M-$245M; repurchased 90,507 shares at avg $104.60.
Q3 guidance: revenue $650M-$750M; adjusted EBITDA $30M-$40M; adjusted pretax breakeven to $10M.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HOVNANIAN ENTERPRISES INC reported fiscal second quarter ended April 30, 2026 results: revenue $667.6 million, net income Net loss was $0.6 million, EPS $0.46 per diluted common share.

Period: fiscal second quarter ended April 30, 2026
Revenue: $667.6 million
Net income: Net loss was $0.6 million
EPS: $0.46 per diluted common share
Result: preliminary results

Exact text from the filing

and everyone at the Company extend their heartfelt condolences to his family. RESULTS FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED APRIL 30, 2026:  Total  revenues were  $ 667.6 million in the  second quarter of fiscal 2026 , which was within the guidance range we provided, compared with $ 686.5 million in  the  same quarter of the prior year. For the six

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Source: SEC EDGAR

accession 0001753926-26-000924

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