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Sep 30, 2024

Legacy Housing Q3 2024 Earnings Report

Announced third quarter 2024 financial results.

Key Takeaways

Legacy Housing Corporation reported its financial results for the third quarter ended September 30, 2024. The company hosted a record number of customers at its 2024 Fall Show and saw orders written at the show push their backlog into the first quarter of 2025.

Legacy hosted a record number of customers at its 2024 Fall Show in late September.

Updated interior and exterior finishes were showcased to match the preferences of younger homebuyers.

Orders written at the show pushed backlog into the first quarter of 2025.

The company believes the market for their products will continue to strengthen into 2025 as housing affordability hovers near all-time lows.

Total Revenue
$44.3M
Previous year: $49.9M
-11.4%
EPS
$0.64
Previous year: $0.64
+0.0%
Gross Profit
$22.9M
Previous year: $24.8M
-7.7%
Cash and Equivalents
$570K
Previous year: $546K
+4.4%
Free Cash Flow
$9.12M
Previous year: -$860K
-1160.5%
Total Assets
$521M
Previous year: $496M
+5.2%

Legacy Housing

Legacy Housing