The New Home Company Reports 2021 Second Quarter Results

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–The New Home Company Inc. (NYSE: NWHM) today announced results for the 2021 second quarter. Second Quarter 2021 Financial Results Net income of $4.8 million, or $0.26 per diluted share Home sales revenue up 75% to $135.9 million as compared to $77.8 million for the 2020 second quarter Home sales gross margin of 17.3% as compared to (9.6%) for the 2020 second quarter Homebuilding gross margin before impairments was up 250 basis points to 17.3% as compared to 1

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