LGI Homes, Inc. Reports September 2017 Home Closings and Record Breaking Third Quarter 2017 Home Closings
October 04 2017 - 7:20PM
LGI Homes, Inc. (Nasdaq:LGIH) today announced 542 homes closed
in September 2017, up from 363 home closings in September
2016, representing year-over-year growth of 49.3%. In addition, the
Company announced record-breaking quarterly home closings of 1,729
for the third quarter of 2017 compared to 1,052 home closings in
the third quarter of 2016, a 64.4% increase year-over-year. The
Company had 4,001 home closings during the first nine months of
2017, a 32.3% increase over 3,024 homes closed during the first
nine months of 2016.
As of the end of September 2017, the Company
had 77 active selling communities.
About LGI Homes, Inc.
Headquartered in The Woodlands, Texas, LGI Homes,
Inc. engages in the design, construction and sale of homes in
Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North
Carolina, South Carolina, Washington, Tennessee and Minnesota. The
Company has a notable legacy of more than 14 years of homebuilding
operations, over which time it has closed over 20,000 homes. For
more information about the Company and its new home developments
please visit the Company's website at www.LGIHomes.com.
CONTACT: Investor RelationsCaitlin Stiles, (281)
210-2619InvestorRelations@LGIHomes.com
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