LGI Homes, Inc. Reports September and Record-Breaking Third Quarter 2019 Home Closings and 2019 Third Quarter Earnings Confer...
October 03 2019 - 5:05PM
LGI Homes, Inc. (Nasdaq:LGIH) today announced 654 homes closed
in September 2019, up from 478 home closings in September 2018,
representing year-over-year growth of 36.8%. In addition, the
Company announced record-breaking quarterly home closings of 2,003
during the third quarter of 2019, up from 1,601 home closings in
the third quarter of 2018, a 25.1% increase year-over-year. The
Company finished the first nine months of 2019 with 5,175 home
closings, an 11.1% increase over 4,660 home closings during the
first nine months of 2018.
As of the end of September 2019, the Company had 103 active
selling communities.
The Company expects to release financial results for the third
quarter ended September 30, 2019 before the market opens on
Tuesday, November 5, 2019. The Company will hold a conference call
for investors and other interested parties on Tuesday, November 5,
2019 at 12:30 p.m. Eastern Time to discuss the results.
A link to the live audio webcast will be provided through the
Investors section of the Company's website
at www.LGIHomes.com under Events and Presentations. The
call can also be accessed by dialing (855) 433-0929 for domestic
participants or (970) 315-0256 for international participants.
Participants should ask for the LGI Homes 2019 Third Quarter
Earnings Conference Call or reference Conference ID 5244016. Those
dialing in should do so at least ten minutes prior to the start of
the call.
An archive of the webcast will be available for replay on the
Company's website for 12 months.
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, Minnesota,
Oklahoma, Alabama, California, Oregon, Nevada and West Virginia.
Recently recognized as the 10th largest residential builder in
America, based on units closed, the Company has a notable legacy of
more than 16 years of homebuilding operations, over which time it
has closed more than 33,000 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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