United Homes Group, Inc. Reports 2024 Third Quarter Results
United Homes Group, Inc - Class A (UHG)
Company Research
Source: Business Wire
Third Quarter 2024 Highlights369 homes closed, resulting in revenue, net of sales discounts, of $118.6 millionAverage sale price (“ASP”) of production-built homes was approximately $320,000 compared to $316,000 in Q3 2023341 net new home orders in Q3 2024 compared to 272 net new home orders in Q3 2023Active community count of 55 as of September 30, 2024Approximately 8,600 lots currently owned or controlled by the Company or related partiesAvailable liquidity of $89.0 million as of September 30, 2024, comprised of $25.8 million of cash and $63.2 million of unused committed capacity under our credit facility COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (the “Company”) (NASDAQ: UHG) today announced results for the third quarter ended September 30, 2024.Third Quarter 2024 Operating ResultsFor the third quarter 2024, net loss was $7.3 million, or $0.15 per diluted share, which included change in fair value of derivative liabilities of $7.8 million, with that change predomin
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News
- United Homes Group Third Quarter 2024 Earnings: US$0.15 loss per share (vs US$3.12 profit in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- United Homes Group Inc (UHG) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amidst ... [Yahoo! Finance]Yahoo! Finance
- 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
UHG
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form 10-Q
- UHG's page on the SEC website