LGI Homes, Inc. Reports March and First Quarter 2023 Home Closings and Announces Date for First Quarter Earnings Conference Call
On April 5, 2023, LGI Homes (NASDAQ: LGIH) reported the closing of 529 homes in March 2023, totaling 1,366 closings for Q1 2023. As of March 31, 2023, the company operated 99 active selling communities. LGI Homes plans to announce its first-quarter financial results on May 2, 2023, before market opening, followed by a conference call at 12:30 p.m. ET.
With over 50,000 homes closed and operations in 35 markets across 20 states, LGI Homes has established itself as a leader in homebuilding. Notably, it has been profitable for over 19 years and is recognized as the 10th largest residential builder in the U.S.
- Closed 1,366 homes in Q1 2023, showing strong sales performance.
- 99 active selling communities as of March 31, indicating robust market presence.
- Proven track record with over 50,000 homes closed and profitability for 19 consecutive years.
- None.
THE WOODLANDS, Texas, April 05, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 529 homes in March 2023. In addition, the Company announced quarterly home closings of 1,366 during the first quarter of 2023.
As of March 31, 2023, the Company had 99 active selling communities.
The Company plans to release financial results for the first quarter ended March 31, 2023 before the market opens on Tuesday, May 2, 2023. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results.
A link to the live audio webcast will be provided through the Investor Relations page of the Company's website at www.investor.lgihomes.com under the Events and Presentations section.
An archive of the webcast will be available for replay on the Company's website for one year from the date of the conference call.
About LGI Homes, Inc.
LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes. As one of America’s fastest growing companies, LGI Homes has a notable legacy of more than 19 years of homebuilding excellence, over which time it has closed more than 50,000 homes and has been profitable every year. Headquartered in The Woodlands, Texas, LGI Homes has operations across 35 markets in 20 states and, since 2018, has been ranked as the 10th largest residential builder in the United States based on units closed. Nationally recognized for its quality construction and exceptional customer service, LGI Homes’ commitment to excellence extends to its more than 900 employees, earning the Company numerous workplace awards at the local, state and national level, including Top Workplaces USA’s 2022 Cultural Excellence Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
CONTACT:
Joshua D. Fattor
Vice President of Investor Relations
(281) 210-2586
investorrelations@lgihomes.com
FAQ
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