Dream finders homes announces record first quarter 2021 earnings as homes delivered increased by 95% and net new orders increased by 137%

Jacksonville, fla., may 12, 2021 (globe newswire) -- jacksonville, fla. – (may 12, 2021) — dream finders homes, inc. (nasdaq: dfh) announced net income of $16.1 million for the quarter ended march 31, 2021, an increase of 145.0% over the $6.6 million earned in the quarter ended march 31, 2020. the increase in net income was mainly driven by an 82.2% increase in home sales revenues and 210 basis points of accretion in the gross margin percentage from the first quarter of 2020.
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