Third Quarter 2022 Highlights
Home sales revenue increased 56.3% to $326 millionThird quarter net income of $20.0 million, or $0.49 per diluted shareTotal homes delivered increased 43% to 543 homesQuarter-end homes in backlog increased 18% to 1,285 for a total of $741.1 millionHome sales gross margin expanded 480 basis points to 20.9%NEWPORT BEACH, Calif.