United Homes Group, Inc. Reports 2024 Second Quarter Results
United Homes Group, Inc - Class A (UHG)
Company Research
Source: Business Wire
Second Quarter 2024 Highlights337 homes closed, resulting in revenue, net of sales discounts, of $109.4 millionAverage sale price ("ASP") of production-built homes was approximately $341,000 compared to $313,000 in Q2 2023323 net new home orders in Q2 2024 compared to 341 net new home orders in Q2 2023Active community count of 59 as of June 30, 2024Approximately 9,300 lots owned or controlled by the Company or affiliates as of June 30, 2024Available liquidity of $80.4 million as of June 30, 2024, comprised of $24.9 million of cash and $55.5 million of undrawn revolver capacity under our credit facility COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (the “Company”) (NASDAQ: UHG) today announced results for the second quarter ended June 30, 2024.Second Quarter 2024 Operating ResultsFor the second quarter 2024, net income was $28.6 million, or $0.50 per diluted share, which included change in fair value of derivative liabilities of $32.1 million, with that change predominan
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News
- United Homes Group to Release Third Quarter 2024 Results on Friday, November 8, 2024Business Wire
- United Homes Group Announces Executive Leadership ChangesBusiness Wire
- Insider Stock Buying Reaches US$3.33m On United Homes Group [Yahoo! Finance]Yahoo! Finance
- United Homes Group, Inc. (UHG) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- United Homes (UHG) Q2 Earnings Decline Y/Y, Gross Margin Down [Yahoo! Finance]Yahoo! Finance
UHG
Sec Filings
- 9/25/24 - Form 8-K
- 8/9/24 - Form 10-Q
- 8/8/24 - Form 8-K
- UHG's page on the SEC website