Landsea homes reports first quarter 2023 results

First quarter 2023 highlights total revenue of $241.7 million pretax income of $5.7 million first quarter net income of $3.2 million , or $0.08 per diluted share home sales gross margin of 18.1% total homes delivered of 472 net new home orders of 498 with an order value of $282.5 million quarter-end homes in backlog of 696 for a total of $422.9 million dallas, may 03, 2023 (globe newswire) -- landsea homes corporation (nasdaq: lsea) (“landsea homes” or the “company”), a publicly traded homebuilder, reported financial results for the first quarter ended march 31, 2023. for the quarter, the company reported pretax net income of $5.7 million, and net income of $3.2 million, or $0.08 per share.
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