LSEA - Earnings announcements

Home sales revenue increased 2.3% to $299.4 millionNew home deliveries increased 27.3% to 643 homesNet new home orders of 679 increased 11.1%Home sales gross margin of 13.0%, adjusted home sales gross margin of 20.0%Book value per share of $18.14 DALLAS, May 12, 2025 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company") announced today financial results for the first quarter ended March 31, 2025. For the quarter, the Company reported pretax loss of $9.9 million, net loss of $7.1 million or $0.20 loss per share, and gross margin of 13.0%. The Company reported an adjusted net loss (a non-GAAP measure) of $1.7 million or $0.05 loss per share and adj

DALLAS, May 01, 2025 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company intends to release its results for the first quarter of 2025 after the market closes on Monday, May 12, 2025, and to host a conference call on Tuesday, May 13, 2025, at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details: Date: Tuesday, May 13, 2025Time: 10:00 AM Eastern TimeToll-free dial-in number: 800-343-4136International dial-in number: 203-518-9843Conference ID: LANDSEA Replay Details:Toll-free replay number: 844-512-2921International replay number: 412-317-6671Replay ID: 11159059 The conference call

Record fourth quarter home sales revenue of $450.6 millionRecord fourth quarter home closings of 937, up 41%Record full year total revenue of $1.55 billionFourth quarter net new home orders of 636, up 60%Fourth quarter cash from operations of $47.8 millionFourth quarter net income of $3.0 million, or $0.08 per diluted shareFull year net income of $17.2 million or $0.47 per diluted shareYear-end book value per share of $18.37 DALLAS, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company") announced today financial results for the fourth quarter and full year ended December 31, 2024. For the quarter, the Company reported pretax income of

DALLAS, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the fourth quarter and full year of 2024 before the market opens on Thursday, February 27, 2025. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Thursday, February 27, 2025Time: 10:00 AM Eastern TimeToll-free dial-in number: 800-274-8461International dial-in number: 203-518-9814 Replay Details:Toll-free replay number: 844-512-2921International replay number: 412-317-6671Replay ID: 11158244 The conference call

Net income increased 29% to $11.1 million or $0.30 per share, a 36% increaseAdjusted net income increased 36% to $15.9 million or $0.44 per share, a 47% increaseHome sales revenue increased 26.2% to $325.6 millionNew home deliveries increased 40% to 629 homesNet new home orders of 626 increased 28.8%Home sales gross margin of 17.1%, adjusted home sales gross margin of 22.8%Book value per share of $18.27 DALLAS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company") announced today financial results for the third quarter ended September 30, 2024. For the quarter, the Company reported pretax income of $14.9 million, and net income of $11

DALLAS, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the third quarter of 2024 before the market opens on Monday, November 4, 2024. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Monday, November 4, 2024Time: 10:00 AM Eastern TimeToll-free dial-in number: 800-274-8461International dial-in number: 203-518-9814 Replay Details:Toll-free replay number: 844-512-2921International replay number: 412-317-6671Replay ID: 11157369 The conference call will also be broadca

Home sales revenue increased 43.5% to $418.2 millionNet new home orders of 760 increased 34.5%Net income of $2.9 million or $0.08 per shareAdjusted net income of $13.3 million or $0.36 per share, a 9% increaseHome sales gross margin of 14.9%, 21.1% on an adjusted basisBook value per share of $17.94 DALLAS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company") announced today financial results for the second quarter ended June 30, 2024. For the quarter, the Company reported pretax income of $4.6 million, and net income of $2.9 million, or $0.08 per share. Reported income for the quarter includes a $5.2 million or

DALLAS, July 11, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the second quarter of 2024 before the market opens on Thursday, August 1, 2024. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Thursday, August 1, 2024Time: 10:00 AM Eastern TimeToll-free dial-in number: 800-274-8461International dial-in number: 203-518-9814 Replay Details:Toll-free replay number: 844-512-2921International replay number: 412-317-6671Replay ID: 11156580 The conference call will also be broadc

First Quarter 2024 Highlights First quarter net new home orders of 612, a 23% year-over-year increaseTotal revenue of $294.0 million, driven by 505 home closings at an average price of $579,000Adjusted EBITDA of $17.0 millionBook value per share of $17.92Repurchased approximately 534,000 shares of common stock for $6.4 million DALLAS, May 01, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the first quarter ended March 31, 2024. For the quarter, the Company reported pretax income of $0.7 million, and net income of $0.2 million, or $0.01 per share. Excluding one-t

DALLAS, April 10, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the first quarter of 2024 before the market opens on Wednesday, May 1, 2024. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Wednesday, May 1, 2024Time: 10:00 AM Eastern TimeToll-free dial-in number: 1-877-704-4453International dial-in number: 1-201-389-0920 Replay Details:Toll-free replay number: 1-844-512-2921International replay number: 1-412-317-6671Replay ID: 13745940 The conference call will also be br

Fourth Quarter Net New Home Orders, up 352%Full Year Total Revenue of $1.21 billionFourth Quarter Home sales revenue of $379.7 million, driven by 664 home closings at an average price of $572,000Fourth Quarter Net income of $12.5 million, or $0.33 per diluted shareFull Year Net Income of $29.2 million or $0.75 per diluted shareEntered Colorado marketYear-end book value per share of $17.88, an 11.4% increase DALLAS, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the fourth quarter and full year ended December 31, 2023. For the quarter, the Company reported pretax i

DALLAS, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the fourth quarter of 2023 before the market opens on Thursday, February 29, 2024. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Thursday, February 29, 2024Time: 10:00 AM Eastern TimeToll-free dial-in number: 1-877-704-4453International dial-in number: 1-201-389-0920 Replay Details:Toll-free replay number: 1-844-512-2921International replay number: 1-412-317-6671Replay ID: 13744526 The conference call will

Third Quarter 2023 Highlights Net income attributable to Landsea Homes of $8.6 million, or $0.22 per diluted sharePretax income of $12.5 millionTotal revenue of $277.3 millionAdjusted Net Income of $11.7 million, or $0.30 per diluted shareNet new home orders of 486, an 89% year-over-year increaseAdjusted EBITDA of $28.7 millionBook value per share of $17.28Repurchased 1,392,000 shares of common stock for $13.7 million DALLAS, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the third quarter ended September 

DALLAS, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the third quarter of 2023 before the market opens on Thursday, November 2, 2023. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Thursday, November 2, 2023Time: 10:00 AM Eastern TimeToll-free dial-in number: 1-844-825-9789International dial-in number: 1-412-317-5180 Replay Details:Toll-free replay number: 1-844-512-2921International replay number: 1-412-317-6671Replay ID: 10183593 The conference call wi

Net income attributable to Landsea Homes of $4.9 million, or $0.12 per diluted shareTotal revenue of $293.2 millionPretax income of $7.5 millionAdjusted EBITDA of $27.0 millionTotal homes delivered of 539Net new home orders increased 5% to 565 with an order value of $324.4 millionQuarter-end homes in backlog of 722 for a total of $455.8 millionRepurchased 969,000 shares of common stock for $7.5 millionBook value per share of $16.77 DALLAS, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the second quarter ended June 30, 2023. For the quarter, the Company repo

DALLAS, July 10, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the second quarter of 2023 before the market opens on Tuesday, August 1, 2023. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Tuesday, August 1, 2023Time: 10:00 AM Eastern TimeToll-free dial-in number: 1-877-704-4453International dial-in number: 1-201-389-0920 Replay Details:Toll-free replay number: 1-844-512-2921International replay number: 1-412-317-6671Replay ID: 13740019 The conference call will also be

First Quarter 2023 Highlights Total revenue of $241.7 millionPretax income of $5.7 millionFirst quarter net income of $3.2 million, or $0.08 per diluted shareHome sales gross margin of 18.1%Total homes delivered of 472Net new home orders of 498 with an order value of $282.5 millionQuarter-end homes in backlog of 696 for a total of $422.9 million DALLAS, May 03, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the first quarter ended March 31, 2023. For the quarter, the Company reported pretax net income of $5.7 million, and

DALLAS, April 17, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the first quarter of 2023 before the market opens on Wednesday, May 3, 2023. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Wednesday, May 3, 2023Time: 10:00 AM Eastern TimeToll-free dial-in number: 1-888-886-7786International dial-in number: 1-416-764-8658 Replay Details:Toll-free replay number: 1-844-512-2921International replay number: 1-412-317-6671Replay ID: 53772730The conference call will also be broa

Fourth Quarter 2022 Highlights Home sales revenue increased 25% year-over-year to $417.5 millionTotal homes delivered increased 32% to 703 homesNet income of $25.6 million, or $0.62 per diluted share Full Year 2022 Highlights Home sales revenue increased 49% to $1.4 billionTotal homes delivered increased 45% to 2,370 homesNet income of $73.6 million, or $1.70 per diluted shareYear-end book value per share of $16.04 NEWPORT BEACH, Calif., March 07, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the fourth quarter ended December 31, 2022. For the quarter, the Company report

NEWPORT BEACH, Calif., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the fourth quarter and full year 2022 before the market opens on Tuesday, March 7, 2023. The company will host a conference call on the same day at 7:00 AM Pacific time (10:00 AM Eastern time) to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Tuesday, March 7, 2023Time: 7:00 AM Pacific time (10:00 AM Eastern time)Toll-free dial-in number: 1-877-704-4453International dial-in number: 1-201-389-0920 Replay Details:Toll-free replay number: 1-844-512-2921International replay number

Third Quarter 2022 Highlights Home sales revenue increased 56.3% to $326 millionThird quarter net income of $20.0 million, or $0.49 per diluted shareTotal homes delivered increased 43% to 543 homesQuarter-end homes in backlog increased 18% to 1,285 for a total of $741.1 millionHome sales gross margin expanded 480 basis points to 20.9% NEWPORT BEACH, Calif., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the third quarter ended September 30, 2022. For the quarter, the Company reported pretax net income of $25.3 million, and net income of $20.0 million, or $0.49

NEWPORT BEACH Calif., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the third quarter of 2022 before the market opens on Thursday, November 3, 2022. The company will host a conference call on the same day at 7:00 AM Pacific time (10:00 AM Eastern time) to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Thursday, November 3, 2022Time: 7:00 AM Pacific time (10:00 AM Eastern time)Toll-free dial-in number: 1-888-999-3182International dial-in number: 1-848-280-6330 Replay Details:Toll-free replay number: 1-844-512-2921International replay number: 1-4

Second Quarter 2022 Highlights Expanded home sales revenue by 46.4% to $351 millionSecond quarter net income of $14.9 million, $0.34 per diluted shareTotal homes delivered increased 35% to 572 homesIncreased backlog by 31.2% to 1,571 homes for a total of $902.1 millionHome sales gross margin increased to 21.3%Repurchased 5.1 million shares at an average price of $7.06 per share NEWPORT BEACH, Calif., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the second quarter ended June 30, 2022. For the quarter, the Company reported pretax net income of $23.2 million, and ne

NEWPORT BEACH, Calif., July 07, 2022 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the second quarter of 2022 before the market opens on Thursday, August 4, 2022. The company will host a conference call on the same day at 7:00 AM Pacific time (10:00 AM Eastern time) to discuss its financial results and conduct a question-and-answer session. Conference Call Details:Date: Thursday, August 4, 2022Time: 7:00 AM Pacific time (10:00 AM Eastern time)Toll-free dial-in number: 1-844-825-9789International dial-in number: 1-412-317-5180Conference ID: 10168925 Replay Details:Toll-free replay number: 1-844-512-2921Internation

First Quarter 2022 Highlights Expanded home sales revenue 92.5% to $298 millionFirst quarter net income of $13.1 million, $0.28 per diluted shareTotal homes delivered increased 83.4% to 552 homesIncreased backlog by 83.4% to 1,605 homes for a total of $930.4 millionAdjusted home sales gross margin increased to 29.0%, from 17.9%Authorized the repurchase of up to an additional $10 million shares of common stock, increasing the aggregate to up to $20 million NEWPORT BEACH, Calif., May 03, 2022 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the first quarter ended March 31,

NEWPORT BEACH, Calif., April 25, 2022 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the first quarter of 2022 after the market closes on Tuesday, May 3, 2022. The company will host a conference call on the same day at 2:00 PM Pacific time (5:00 PM Eastern time) to discuss its financial results and conduct a question-and-answer session. Conference Call Details: Date: Tuesday, May 3, 2022 Time: 2:00 PM Pacific time (5:00 PM Eastern time) Toll-free dial-in number: 1-877-704-4453 International dial-in number: 1-201-389-0920 Conference ID: 13729555 Replay Details: Toll-free replay number: 1-844-512-2921 Interna

Fourth quarter net income of $38.4M or $0.83 per diluted shareFull year net income of $52.8M or $1.14 per diluted shareGrew backlog units to 998 units and dollar value to $586.2 million, a 33% and 51% growth, respectivelyIncreased total lots owned and controlled by 31% to 8,740Completed acquisition of Hanover Family Builders in January 2022 NEWPORT BEACH, Calif., March 10, 2022 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, reported financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Highlights Compared to Fourth Quarter 2020 Total revenue increased

NEWPORT BEACH, Calif., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the fourth quarter and full year 2021 before the market opens on Thursday, March 10, 2022. The company will host a conference call on the same day at 7:00 AM Pacific time (10:00 AM Eastern time) to discuss its financial results and conduct a question-and-answer session. Conference Call Details: Date: Thursday, March 10, 2022 Time: 7:00 AM Pacific time (10:00 AM Eastern time) Toll-free dial-in number: 1-833-672-0663 International dial-in number: 1-929-517-0343 Conference ID: 9677438 Replay Details: Toll-free replay number: 1-8

Third Quarter 2021 Highlights- Increased fully diluted earnings by 130% -- Expanded home sales gross margins by 250 basis points -- Grew quarter-ending backlog units and dollar value by 18% and 38%, respectively -- Increased total lots owned and controlled by 46% -- Raised 2021 full year revenue net income outlook - NEWPORT BEACH, Calif., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the third quarter ended September 30, 2021. Third Quarter 2021 vs. Same Year-Ago Quarter: Total revenue for the third quarter of 2021 was $214.1 million compared to $218.5 million. E

NEWPORT BEACH, Calif., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) announced today that the company will release its results for the third quarter of 2021 before the market opens on Wednesday, November 10, 2021. The company will host a conference call on the same day at 7:00 AM Pacific time (10:00 AM Eastern time) to discuss its financial results and conduct a question-and-answer session. Conference Call Details: Date: Wednesday, November 10, 2021 Time: 7:00 AM Pacific time (10:00 AM Eastern time) Toll-free dial-in number: 1-833-672-0663 International dial-in number: 1-929-517-0343 Conference ID: 2871078 Replay Details: Toll-free replay number: 1-855-8

- Total Home Sales Increase 152% Year-Over-Year - - Closes Out the Quarter with Largest Backlog in Company History of 1,197 Homes - - Raises 2021 Outlook, Now Expecting to Report $960 to $1.02 Billion in Revenue for the Year - NEWPORT BEACH, Calif., Aug. 06, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded homebuilder, reported financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights vs. Same Year-Ago Quarter Total revenue increased 163% to $250.3 million compared to $95.1 million. Excluding revenue generated from Vintage Estate Homes (VEH), which was acquired on May 4, 2021, tota

NEWPORT BEACH Calif., July 23, 2021 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ:LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, will conduct a conference call on Friday, August 6, 2021, at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2021. The company will report its financial results in a press release prior to the conference call. Landsea Homes' management will host the conference call, followed by a question-and-answer session. Date: Friday, August 6, 2021Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time)Toll-free dial-in number: 1-833-672-0663International dia