AV Homes Earnings Presentation 2024

AV Homes reports strong financial performance with net income rising to $11.9 million and diluted EPS to $0.49, driven by 34% total revenue growth to $205.4 million. Homebuilding activity expanded with 635 units closed across 60 communities and average selling prices reaching $318,000, though gross margins contracted 110 basis points to 18.8%.