Landsea homes reports fourth quarter and full year 2023 results

Dallas, feb. 29, 2024 (globe newswire) -- landsea homes corporation (nasdaq: lsea) (“landsea homes” or the “company”), a publicly traded homebuilder, reported financial results for the fourth quarter and full year ended december 31, 2023. for the quarter, the company reported pretax income of $18.8 million, net income of $12.5 million, or $0.33 per diluted share and adjusted net income (a non-gaap measure) of $16.1 million or $0.43 per diluted share. for the full year, pretax income was $44.5 million, net income was $29.2 million, or $0.75 per diluted share and adjusted net income was $47.9 million or $1.22 per diluted share.
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