Landsea homes reports first quarter 2025 results

Dallas, may 12, 2025 (globe newswire) -- landsea homes corporation (nasdaq: lsea) (“landsea homes” or the “company”) announced today financial results for the first quarter ended march 31, 2025. for the quarter, the company reported pretax loss of $9.9 million, net loss of $7.1 million or $0.20 loss per share, and gross margin of 13.0%. the company reported an adjusted net loss (a non-gaap measure) of $1.7 million or $0.05 loss per share and adjusted gross margin of 20.0%. reported pretax income for the prior year period was $0.7 million with net income of $0.7 million, or $0.01 earnings per share. for the prior year period, adjusted net income was $3.5 million, or $0.10 earnings per share and adjusted gross margin was 19.4%.
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