THE WOODLANDS, Texas (AP) 鈥� THE WOODLANDS, Texas (AP) 鈥� LGI Homes Inc. (LGIH) on Tuesday reported profit of $2.2 million in its first quarter.
On a per-share basis, the The Woodlands, Texas-based company said it had net income of 9 cents. Earnings, adjusted for asset impairment costs, came to 24 cents per share.
The entry-level homebuilder in the Texas, Arizona, Florida and Georgia markets posted revenue of $319.7 million in the period.
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