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Hovnanian Enterprises Earnings Call, Fourth Quarter 2008
Author: Maclintosh Kuhlengisa
123jump.com
Last Update: 5:27 PM ET December 19 2008

The homebuilder realized a 48% drop in revenues to $721.4 million, from $1.39 billion in the prior year as home deliveries fell 42%.As a result, the loss was $450.5 million, or $5.79 per a, compared with a net loss of $469.3 million, or $7.42 a share in 2007.

 

 

 
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