Alj regional holdings announces earnings for the first quarter ended december 31, 2019
Alj regional holdings, inc. announces earnings for the first quarter ended december 31, 2019.q1 revenue fell 3.5 percent to $90.5 million.qtrly loss per share of $0.10.alj regional - quarter's result was impacted by decrease in sales, unfavorable builder/customer mix, and lower than anticipated upgrades from customers.expect sales and profitability to begin to recover starting in third fiscal quarter.alj estimates consolidated net revenue for three months ending march 31, 2020 to be in range of $95.5 million to $102.5 million.increased pricing for housing in las vegas market in quarter.expect increased pricing for housing in las vegas market to continue for next quarter.expect faneuil's results to show improvement starting april 2020.alj regional holdings - faneuil's total contract backlog as of december 31, 2019 was $614.3 million.alj regional holdings - carpets total backlog as of dec 31, 2019 was $9.4 million versus $11.6 million as of dec 31, 2018.alj regional holdings - phoenix's total contract backlog as of december 31, 2019 was $160.8 million.
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