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Stock impact report

Legacy Housing Corporation Reports Third Quarter 2024 Financial Results

Legacy Housing Corporation (LEGH) 
Last legacy housing corporation earnings: 11/14 04:30 pm Check Earnings Report
Company Research Source: GlobeNewswire
BEDFORD, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company,” NASDAQ: LEGH) today announced its financial results for the third quarter ended September 30, 2024. Financial Highlights Net revenue for the third quarter of 2024 was $44.3 million, a decrease of 11.4% from the third quarter of 2023.Income from operations for the third quarter of 2024 was $15.3 million, a decrease of 19.4% from the third quarter of 2023.Net income for the third quarter of 2024 was $15.8 million, a decrease of 1.8% from the third quarter of 2023.Basic earnings per share for the third quarter of 2024 was $0.65, a decrease of 1.5% from the third quarter of 2023.Book value for the third quarter of 2024 was $479.3 million, an increase of 11.6% from the third quarter of 2023.Book value per share1 for the third quarter of 2024 was $19.84, an increase of 12.7% from the third quarter of 2023. Duncan Bates, President and Chief Executive Officer, stated: “Legacy hosted a Show less Read more
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