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Legacy Housing

🇺🇸 NASDAQ:LEGH

View Company

Overview Earnings Dividends

Aug 08, 2024

•

Jun 30, 2024

Legacy Housing Q2 2024 Earnings Report

Legacy Housing reported financial results for the second quarter of 2024.

Key Takeaways

Legacy Housing Corporation announced its Q2 2024 financial results, highlighting progress across all aspects of the business, improved demand, focus on accelerating sales volume, monetizing non-core assets, and diligent expense management.

Team continues to make progress across all aspects of the business.

Demand is improving and top priority is accelerating sales volume.

Company continues to monetize non-core assets and diligently manage expenses.

Resolving past challenges positions the company well for the future.

Total Revenue

$42.5M

Previous year: $52.6M

-19.3%

EPS

$0.67

Previous year: $0.6

+11.7%

Net Revenue Change

42,542,372%

Income from Operations

$16M

Net Income

$16.2M

Gross Profit

$20.5M

Previous year: $22.9M

-10.7%

Cash and Equivalents

$60K

Previous year: $1.53M

-96.1%

Free Cash Flow

$1.72M

Previous year: -$5.55M

-131.0%

Total Assets

$515M

Previous year: $466M

+10.6%

Legacy Housing

Forward Guidance

The company is focused on improving demand and accelerating sales volume while managing expenses.

Company Overview

Full financial data and analysis

View Legacy Housing