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Mar 31, 2025
Landsea Homes Q1 2025 Earnings Report
reported first quarter 2025 results
Key Takeaways
Landsea Homes Corporation reported a net loss of $7.1 million and an adjusted net loss of $1.7 million for the first quarter of 2025. Total revenue increased by 6% year-over-year, driven by a significant increase in home deliveries, although the average sales price decreased. The company saw an increase in net new home orders but a decrease in the dollar value of orders and backlog.
Total revenue increased 6% to $310.8 million compared to the first quarter of 2024.
Net loss attributable to Landsea Homes was $7.3 million, or $0.20 per share.
Adjusted net loss attributable to Landsea Homes was $1.7 million, or $0.05 per share.
New home deliveries increased 27.3% to 643 homes, while the average sales price decreased 20% to $466,000.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The earnings report did not contain specific forward-looking guidance for future financial periods.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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