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New Home: 2Q Earnings Snapshot

July 30, 2019

ALISO VIEJO, Calif. (AP) _ The New Home Co. (NWHM) on Tuesday reported second-quarter net income of $1.6 million.

The Aliso Viejo, California-based company said it had net income of 8 cents per share. Earnings, adjusted to extinguish debt, came to 6 cents per share.

The homebuilder posted revenue of $162.7 million in the period.

The company’s shares closed at $4.27. A year ago, they were trading at $8.78.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NWHM at https://www.zacks.com/ap/NWHM

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