LGIH earnings

THE WOODLANDS, Texas, April 28, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the three months ended March 31, 2026. "We are pleased with our first quarter results, which met or exceeded our expectations across nearly every metric," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "Our teams executed well throughout the quarter and the early weeks of the spring selling season have reinforced our confidence in the year ahead. "In the first quarter, we delivered a total of 916 homes. 881 home closings contributed to revenue of $319.7 million and the profits from the sale of 35 currently or previously leased homes were recogn

THE WOODLANDS, Texas, April 06, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 451 homes in March 2026, which includes the closing of 9 currently or previously leased single-family rental homes. The Company closed 916 homes during the first quarter of 2026, which includes the closing of 35 currently or previously leased single-family rental homes. As of March 31, 2026, the Company had 142 active selling communities. First Quarter 2026 Earnings Conference Call and Webcast The Company plans to release financial results for the first quarter ended March 31, 2026, before the market opens on Tuesday, April 28, 2026. The Company will hold a conference call at

THE WOODLANDS, Texas, Feb. 17, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the fourth quarter and year ended December 31, 2025. "Our team delivered a solid finish to the year and further strengthened the foundation that supports our long-term growth plans," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "During the quarter, we closed 1,362 homes, including 61 currently and previously leased homes. Of this total, 1,301 homes contributed directly to our reported revenue of $474.0 million. Supported by our strong performance in December, we averaged 3.1 closings per community per month in the fourth quarter, the highest p

THE WOODLANDS, Texas, Jan. 06, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced that it closed 569 homes in December 2025, including 35 currently or previously leased single-family rental homes. For the fourth quarter of 2025, the Company closed a total of 1,362 homes, including 61 currently or previously leased single-family homes. For the full year 2025, the Company closed a total of 4,788 homes including 103 currently or previously leased single-family rental homes. As of December 31, 2025, the Company was active in 144 selling communities. "Our teams across the country delivered an exceptional finish to the year," said Eric Lipar, LGI Homes' Chief Executive Offi

THE WOODLANDS, Texas, Nov. 04, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the third quarter and the nine months ended September 30, 2025. "We are pleased with our third quarter results, which met our stated guidance and reflect the disciplined execution of our teams as we continue to deliver on our strategic objectives," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "During the quarter, we closed 1,107 homes, including 42 currently and previously leased homes, generated $396.6 million in revenue, and delivered gross and adjusted gross margins within our guidance range. Our teams remained focused on driving leads, man

THE WOODLANDS, Texas, Oct. 03, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 354 homes in September 2025, which includes the closing of 28 currently or previously leased single-family rental homes. For the third quarter 2025, we closed a total of 1,107 homes including the closing of 42 currently or previously leased single-family rental homes. As of September 30, 2025, the Company had 141 active selling communities. The Company plans to release financial results for the third quarter ended September 30, 2025, before the market opens on Tuesday, November 4, 2025. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss t

THE WOODLANDS, Texas, Aug. 05, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the second quarter and the six months ended June 30, 2025. "We delivered solid results in the second quarter including profitability metrics at the high end of our prior guidance range," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "In the second quarter, we delivered 1,323 homes at an average sales price of $365,446, resulting in $483.5 million in revenue. Additionally, our gross margin and our adjusted gross margin both increased 190 basis points sequentially to 22.9% and 25.5%, respectively, and our adjusted gross margin was at the

THE WOODLANDS, Texas, July 03, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 457 homes in June 2025 and closed 1,323 homes in the second quarter of 2025. As of June 30, 2025, the Company had 146 active selling communities. The Company plans to release financial results for the second quarter ended June 30, 2025 before the market opens on Tuesday, August 5, 2025. The Company will hold a conference call at 12:30 p.m. Eastern Time on the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com under the Events and Presentations section. An

THE WOODLANDS, Texas, April 29, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the three months ended March 31, 2025. "During the quarter, we continued to see strong demand for new homes," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "Affordability remained the biggest challenge for buyers, and rate volatility affected not only their ability to purchase a home, but also their confidence in moving forward with that decision. Given this challenging and uncertain backdrop, we were pleased with the solid results we delivered in the first quarter. "In the first quarter, we delivered 996 homes at an average sales price of $35

THE WOODLANDS, Texas, April 03, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 426 homes in March 2025. The Company closed 996 homes during the first quarter of 2025. As of March 31, 2025, the Company had 146 active selling communities. First Quarter 2025 Earnings Conference Call and Webcast The Company plans to release financial results for the first quarter ended March 31, 2025, before the market opens on Tuesday, April 29, 2025. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.in

THE WOODLANDS, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the fourth quarter and year ended December 31, 2024. "In the face of a mixed macroeconomic backdrop, our strong finish in the fourth quarter enabled us to meet, and in many cases exceed, our strategic goals for 2024," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "Our strong execution in the fourth quarter resulted in full year closings of 6,131 homes, including the bulk sale of 103 leased, single-family homes. We successfully ended the year with a record high 151 active communities, an impressive increase of 29.1%. We made significant progress

THE WOODLANDS, Texas, Jan. 06, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 580 homes in December 2024. As a result, the Company closed a total of 1,636 homes in the fourth quarter, including the bulk sale of 103 leased, single-family homes in November 2024, and a total of 6,131 homes for the full year 2024. As of December 31, 2024, the Company had 151 active selling communities. "Our teams across the country delivered a strong finish to the year," said Eric Lipar, LGI Homes' Chief Executive Officer and Chairman of the Board. "We closed 580 homes across 151 active communities in December, enabling us to achieve our guidance targets for full year home c

THE WOODLANDS, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the third quarter 2024 and the nine months ended September 30, 2024. Third Quarter 2024 Highlights Home sales revenues increased 5.6% to $651.9 millionHome closings increased 0.3% to 1,757 homesAverage sales price per home closed increased 5.2% to $371,004Gross margin as a percentage of home sales revenues decreased 60 basis points to 25.1%Adjusted gross margin* as a percentage of home sales revenues was 27.2% in both comparable periodsNet income before income taxes increased 2.7% to $91.9 millionNet income increased 3.8% to $69.6 million, or $2.96 basic EPS and $2

THE WOODLANDS, Texas, Oct. 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 579 homes in September 2024, a 7.2% year-over-year increase, resulting in a total of 1,757 homes closed during the third quarter of 2024. As of September 30, 2024, the Company had 138 active selling communities. The Company plans to release financial results for the third quarter ended September 30, 2024, before the market opens on Tuesday, November 5, 2024. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.

THE WOODLANDS, Texas, July 30, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the second quarter 2024 and the six months ended June 30, 2024. Second Quarter 2024 Highlights Home sales revenues of $602.5 millionHome closings of 1,655Average sales price per home closed of $364,047Gross margin as a percentage of home sales revenues of 25.0%Adjusted gross margin (non-GAAP) as a percentage of home sales revenues of 27.0%Net income before income taxes of $76.9 millionNet income of $58.6 million, or $2.49 basic EPS and $2.48 diluted EPS Six Months Ended June 30, 2024 Highlights Home sales revenues of $993.3 millionHome closings of 2,738Average sa

THE WOODLANDS, Texas, July 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 571 homes in June 2024. In addition, the Company announced quarterly home closings of 1,655 during the second quarter of 2024. As of June 30, 2024, the Company had 128 active selling communities. The Company plans to release financial results for the second quarter ended June 30, 2024 before the market opens on Tuesday, July 30, 2024. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com un

THE WOODLANDS, Texas, April 30, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights Home sales revenues of $390.9 millionHome closings of 1,083Average sales price per home closed of $360,897Gross margin as a percentage of home sales revenues of 23.4%Adjusted gross margin (non-GAAP) as a percentage of home sales revenues of 25.3%Net income before income taxes of $23.1 millionNet income of $17.1 million, or $0.72 basic EPS and $0.72 diluted EPSActive selling communities at March 31, 2024 of 120Total owned and controlled lots of 70,145Ending backlog of 1,335 homes valued at $51

THE WOODLANDS, Texas, April 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 482 homes in March 2024. The Company closed 1,083 homes during the first quarter of 2024. As of March 31, 2024, the Company had 120 active selling communities. The Company will release financial results for the first quarter ended March 31, 2024, before the market opens on Tuesday, April 30, 2024 and will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com under the Events and Presentations section

THE WOODLANDS, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the fourth quarter and year ended December 31, 2023. "We delivered a strong performance in the fourth quarter and successfully achieved all of our guidance targets for 2023," said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. "At the same time, we laid the foundation for profitable growth for years to come. "Our strong execution in the fourth quarter resulted in full year closings of 6,729 homes and revenue of $2.4 billion. We believe these results make us one of just a few homebuilders to have delivered growth in both of these metrics in 20

THE WOODLANDS, Texas, Jan. 04, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 676 homes in December 2023 compared to 504 homes in December 2022, representing year-over-year growth of 34.1%. As a result, the Company closed a total of 1,758 homes in the fourth quarter, representing year-over-year growth of 21.4%, and 6,729 homes for the full year 2023, representing year-over-year growth of 1.6%. The Company had 117 active selling communities at the end of December 2023. "December capped another successful year for our Company," said Eric Lipar, LGI Homes' Chief Executive Officer and Chairman of the Board. "Our teams across the country delivered a strong fi

THE WOODLANDS, Texas, Oct. 31, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the third quarter and nine months ended September 30, 2023. Third Quarter 2023 Highlights Net Income of $67.0 million, or $2.85 Basic EPS and $2.84 Diluted EPSNet Income Before Income Taxes of $89.4 millionHome Sales Revenues of $617.5 millionHome Closings of 1,751Average Sales Price per Home Closed of $352,678Gross Margin as a Percentage of Homes Sales Revenues of 25.7%Adjusted Gross Margin* as a Percentage of Home Sales Revenues of 27.2% Nine Months Ended September 30, 2023 Highlights Net Income of $147.1 million, or $6.24 Basic EPS and $6.21 Diluted EPSNet Inc

THE WOODLANDS, Texas, Oct. 04, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 540 homes in September 2023, and a total of 1,751 homes closed during the third quarter of 2023, a 13.2% increase over the third quarter of 2022. As of September 30, 2023, the Company had 106 active selling communities. The Company plans to release financial results for the third quarter ended September 30, 2023 before the market opens on Tuesday, October 31, 2023. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website

THE WOODLANDS, Texas, Aug. 01, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the second quarter 2023 and the six months ended June 30, 2023. Second Quarter 2023 Highlights Net Income of $53.1 million, or $2.26 Basic EPS and $2.25 Diluted EPSNet Income Before Income Taxes of $71.4 millionHome Sales Revenues of $645.3 millionHome Closings of 1,854Average Sales Price per Home Closed of $348,042Gross Margin as a Percentage of Homes Sales Revenues of 22.0%Adjusted Gross Margin* as a Percentage of Home Sales Revenues of 23.8% Six Months Ended June 30, 2023 Highlights Net Income of $80.1 million, or $3.41 Basic EPS and $3.39 Diluted EPSNet Incom

THE WOODLANDS, Texas, July 06, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 664 homes in June 2023. In addition, the Company announced quarterly home closings of 1,854 during the second quarter of 2023. As of June 30, 2023, the Company had 102 active selling communities. The Company plans to release financial results for the second quarter ended June 30, 2023 before the market opens on Tuesday, August 1, 2023. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com u

THE WOODLANDS, Texas, May 02, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Net Income of $27.0 million, or $1.15 Basic EPS and $1.14 Diluted EPSNet Income Before Income Taxes of $32.3 millionHome Sales Revenues of $487.4 millionHome Closings of 1,366 homesAverage Sales Price Per Home Closed increased 4.5% from the first quarter of 2022 to $356,777Gross Margin as a Percentage of Homes Sales Revenues of 20.3%Adjusted Gross Margin* as a Percentage of Home Sales Revenues of 22.1%  Total Owned and Controlled lots of 69,724Net Orders increased 12.5% from the first quarter of 2

THE WOODLANDS, Texas, April 05, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 529 homes in March 2023. In addition, the Company announced quarterly home closings of 1,366 during the first quarter of 2023. As of March 31, 2023, the Company had 99 active selling communities. The Company plans to release financial results for the first quarter ended March 31, 2023 before the market opens on Tuesday, May 2, 2023. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.c

THE WOODLANDS, Texas, Feb. 21, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the fourth quarter and year ended December 31, 2022. "We are pleased to announce our fourth quarter and full year financial results," said Eric Lipar, the Company's Chief Executive Officer and Chairman of the Board. "Thanks to our employees' dedicated execution in 2022, we delivered a number of notable successes along with record breaking profitability metrics for the full year." "We closed 1,448 homes in the fourth quarter, resulting in full year closings of 6,621 homes, revenue of $2.3 billion and one of our most profitable years ever. Our full year gross margin w

THE WOODLANDS, Texas, Jan. 05, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 504 homes in December 2022, for a total of 1,448 homes closed in the fourth quarter of 2022 and 6,621 homes closed for the full year 2022. The Company had 99 active selling communities at the end of December 2022. "During the fourth quarter, we continued to navigate the challenging demand environment resulting from higher mortgage rates," said Eric Lipar, the Company's Chief Executive Officer and Chairman of the Board. "As a result, we closed 1,448 homes in the fourth quarter and finished the year with total closings of 6,621. While this came in slightly below our guidance, we

THE WOODLANDS, Texas, Nov. 01, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Highlights and Comparisons to Third Quarter 2021 Net Income decreased 10.1% to $90.4 million, or $3.88 Basic EPS and $3.85 Diluted EPSNet Income Before Income Taxes decreased 14.4% to $108.7 millionHome Sales Revenues decreased 27.2% to $547.1 millionHome Closings decreased 38.1% to 1,547 homes closedAverage Sales Price Per Home Closed increased 17.6% to $353,635Gross Margin as a Percentage of Homes Sales Revenues increased 160 basis points to 28.5%Adjusted Gross Margin* as a Percenta

THE WOODLANDS, Texas, Oct. 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 574 homes in September 2022, resulting in a total of 1,547 homes closed during the third quarter of 2022. As of September 30, 2022, the Company had 93 active selling communities. The Company plans to release financial results for the third quarter ended September 30, 2022 before the market opens on Tuesday, November 1, 2022. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com under the Ev

THE WOODLANDS, Texas, Aug. 02, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the second quarter 2022 and the six months ended June 30, 2022. Second Quarter 2022 Highlights and Comparisons to Second Quarter 2021 Net Income increased 4.4% to $123.4 million, or $5.24 Basic EPS and $5.20 Diluted EPSNet Income Before Income Taxes increased 9.3% to $163.0 millionHome Sales Revenues decreased 8.6% to $723.1 millionHome Closings decreased 29.0% to 2,027 homes closedAverage Sales Price increased 28.7% to $356,719Gross Margin as a Percentage of Homes Sales Revenues increased 500 basis points to 32.0%Adjusted Gross Margin* as a Percentage of H

THE WOODLANDS, Texas, July 06, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 627 homes in June 2022, resulting in a total of 2,027 homes closed during the second quarter of 2022. As of June 30, 2022, the Company had 92 active selling communities. The Company plans to release financial results for the second quarter ended June 30, 2022 before the market opens on Tuesday, August 2, 2022. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com under the Events and Presen

THE WOODLANDS, Texas, May 03, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the first quarter 2022. First Quarter 2022 Highlights and Comparisons to First Quarter 2021 Net Income decreased 21.0% to $78.7 million, or $3.30 Basic EPS and $3.25 Diluted EPSNet Income Before Income Taxes decreased 19.2% to $99.6 millionHome Sales Revenues decreased 22.7% to $546.1 millionHome Closings decreased 37.6% to 1,599 homes closedAverage Sales Price increased 23.9% to $341,495Gross Margin as a Percentage of Homes Sales Revenues increased 210 basis points to 29.0%Adjusted Gross Margin* as a Percentage of Home Sales Revenues increased 180 basis points to 30

THE WOODLANDS, Texas, April 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 658 homes in March 2022. In addition, the Company announced quarterly home closings of 1,599 during the first quarter of 2022. As of March 31, 2022, the Company had 88 active selling communities. The Company plans to release financial results for the first quarter ended March 31, 2022 before the market opens on Tuesday, May 3, 2022. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results. A link to the live audio webcast will be provided through the Investors page of the Company's website at www.investor.lgihomes.com under

THE WOODLANDS, Texas, Feb. 15, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the fourth quarter and year ended December 31, 2021. Fourth Quarter 2021 Highlights and Comparisons to Fourth Quarter 2020 Net income decreased 18.4% to $111.3 million, or $4.61 basic EPS and $4.53 diluted EPSNet Income before income taxes decreased 13.9% to $143.4 millionHome sales revenues decreased 10.7% to $801.1 millionHome closed decreased 25.9% to 2,526 homesAverage sales price increased 20.4% to $317,132Gross margin as a percentage of homes sales revenues decreased 70 basis points to 26.4%Adjusted gross margin* as a percentage of home sales revenues decreas

THE WOODLANDS, Texas, Jan. 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 1,004 homes in December, a total of 2,526 home closings in the fourth quarter and a record 10,442 home closings for the full year 2021. "2021 was a remarkable year for our Company," said Eric Lipar, the Company's Chief Executive Officer and Chairman of the Board. "Our LGI teams across the nation delivered a strong finish to the fourth quarter, enabling us to close a record-breaking 10,442 homes in 2021, an increase of 11.8% over last year. This result was at the high end of our closing guidance and further demonstrates our business model's ability to weather unprecedented chal

THE WOODLANDS, Texas, Nov. 02, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the third quarter and nine months ended September 30, 2021. Third Quarter 2021 Highlights and Comparisons to Third Quarter 2020 Net Income increased 13.0% to $100.6 million, or $4.10 Basic EPS and $4.05 Diluted EPSNet Income Before Income Taxes increased 63.2% to $127.0 millionHome Sales Revenues increased 40.7% to $751.6 millionHome Closings increased 19.5% to 2,499 homes closedAverage Sales Price Per Home Closed increased 17.7% to $300,764Gross Margin as a Percentage of Homes Sales Revenues increased 160 basis points to 26.9%Adjusted Gross Margin* as a Percentage

THE WOODLANDS, Texas, Oct. 05, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced it closed 793 homes in September 2021, compared to 811 homes closed in September 2020. In addition, the Company announced record-breaking quarterly closings of 2,499 during the third quarter of 2021 compared to 2,091 closings in the third quarter of 2020, a 19.5% increase year-over-year. The Company ended the first nine months of 2021 with 7,916 home closings, a 33.5% increase over 5,931 home closings during the first nine months of 2020. As of September 30, 2021, the Company had 103 active selling communities. The Company plans to release financial results for the third quarter ended Se

THE WOODLANDS, Texas, Aug. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced financial results for the second quarter and six months ended June 30, 2021. Second Quarter 2021 Highlights and Comparisons to Second Quarter 2020 Net Income increased 112.4% to $118.1 million, or $4.75 Basic EPS and $4.71 Diluted EPSNet Income Before Income Taxes increased 117.4% to $149.1 millionHome Sales Revenues increased 64.3% to $791.5 millionHome Closings increased 42.4% to 2,856 homesAverage Sales Price Per Home Closed increased 15.4% to $277,140Gross Margin as a Percentage of Homes Sales Revenues increased 250 basis points to 27.0%Adjusted Gross Margin* as a Percentage of Home