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flag Hovnanian Enterprises reports a 24% rise in yearly income, despite a Q4 profit drop, with revenues up 9% to $3B.

flag Hovnanian Enterprises, a national homebuilder, saw a 24% increase in income before taxes in fiscal 2024. flag Despite a Q4 profit drop to $91.68 million from $94.59 million the previous year, the company reported a 10.4% rise in Q4 revenue to $979.64 million. flag Yearly revenues increased 9% to $3.00 billion. flag The company also saw significant growth in contracts, lots controlled, and land development spending.

5 months ago
4 Articles