Hovnanian enterprises reports fiscal 2021 fourth quarter and full year results

$190 million pretax profit in fiscal 2021 a 243% increase over the prior year 82% year-over-year increase in fourth quarter pretax profit gross margin percentage increased 390 basis points year-over-year for full year consolidated backlog dollars increased to $1.64 billion community count increased to 140 up 17% sequentially from the third quarter
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