M/i homes reports 2023 third quarter results

Columbus, ohio , oct. 25, 2023 /prnewswire/ -- m/i homes, inc. (nyse:mho) announced results for the three and nine months ended september 30, 2023. 2023  third quarter highlights: new contracts increased 50% to 2,021 contracts delivered 2,096 homes, up 3% from 2022's 2,026 homes delivered record third quarter revenue of $1.0 billion, up 3% from 2022's third quarter pre-tax income increased 7% to $178.0 million, a third quarter record all-time quarterly record net income of $139.0 million ($4.82 per diluted share), up 6% from 2022's $131.6 million shareholders' equity reached a record of $2.4 billion, a 25% increase from a year ago, with book value per share of $87 return on equity of 23% for the third quarter of 2023, the company reported pre-tax income of $178.0 million and net income of $139.0 million, or $4.82 per diluted share.
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