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AV Homes Inc (AVHI.O)

AVHI.O on Nasdaq

16.75USD
19 Sep 2017
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Latest Key Developments (Source: Significant Developments)

AV Homes Q2 earnings per share $0.03
Thursday, 27 Jul 2017 04:05pm EDT 

July 27 (Reuters) - Av Homes Inc :AV Homes reports results for second quarter 2017.Q2 revenue rose 7 percent to $201.2 million.AV Homes Inc qtrly net new order value increased to $223.7 million on 691 units.Q2 earnings per share $0.03.AV Homes Inc qtrly average selling price for homes delivered increased 6.4% to $331,000 per home.AV Homes Inc - backlog value of homes under contract but not yet closed as of June 30, 2017 decreased 6.5% to $353.4 million on 1,070 units.AV Homes Inc qtrly homes delivered increased to 595 units.  Full Article

AV Homes announces pricing of $400 million in senior notes
Thursday, 4 May 2017 04:15pm EDT 

May 4 (Reuters) - AV Homes Inc :AV Homes Inc - Priced $400 million in aggregate principal amount of its 6.625% senior notes due 2022.AV Homes announces pricing of $400 million in senior notes.  Full Article

AV Homes reports commencement of cash tender offer
Monday, 1 May 2017 06:25am EDT 

May 1 (Reuters) - AV Homes Inc ::AV Homes, Inc. Announces commencement of cash tender offer.AV Homes Inc - commenced a cash tender offer for any and all of its outstanding 8.500 pct senior notes due 2019.AV Homes Inc - tender offer is scheduled to expire on May 26, 2017.  Full Article

AV Homes Q1 earnings per share $0.11
Thursday, 27 Apr 2017 04:05pm EDT 

April 27 (Reuters) - AV Homes Inc ::AV homes reports results for first quarter 2017.Q1 earnings per share $0.11.Q1 revenue rose 25 percent to $155.5 million.Q1 revenue view $131.7 million -- Thomson Reuters I/B/E/S.AV Homes Inc - during q1 of 2017, company delivered 462 homes, an 8 pct increase from 428 homes delivered during q1 of 2016.AV -backlog value of homes under contract but not yet closed as of march 31, 2017 of $305.1 million on 905 units versus $334.8 million on 1,053 units as of march 31, 2016.  Full Article

AV Homes to acquire Savvy Homes in Raleigh, North Carolina
Friday, 3 Mar 2017 08:00am EST 

AV Homes Inc : AV Homes to acquire Savvy Homes in Raleigh, North Carolina . AV Homes Inc - Deal for approximately $50 million . AV Homes Inc - Deal for $50 million in cash . Says acquisition will be funded by cash on hand and AV Homes' revolving credit facility . Acquisition will be funded by cash on hand and AV Homes' revolving credit facility . Transaction has been approved by AV Homes board of directors and is expected to close in Q2 of 2017 .AV Homes Inc - Michael P. Kahn represented seller in the transaction.  Full Article

AV Homes reports Q4 EPS $0.68
Thursday, 23 Feb 2017 04:05pm EST 

Av Homes Inc : AV homes reports results for fourth quarter and full year 2016 . Q4 earnings per share $0.68 . Q4 revenue rose 16 percent to $261.7 million . Qtrly homebuilding revenue increased 17 pct to $256.4 million . Qtrly homes delivered increased by 11 pct to 808 units . Sees 2017 homebuilding gross margin to be approximately 18 pct, inclusive of approximately 2.8 pct of previously capitalized interest .Sees 2017 pre-tax income is expected to be approximately $36 million.  Full Article

Av Homes says Co, units entered into an omnibus amendment to its senior revolving credit facility with JPMorgan Chase Bank - SEC Filing
Thursday, 28 Jul 2016 04:48pm EDT 

Av Homes Inc : Says Co, units entered into an omnibus amendment to its senior revolving credit facility with JPMorgan Chase Bank - sec filing . Says amendment increases committed amount available under credit agreement To $165.0 Mln - Sec filing . Credit agreement includes an 'accordion' feature that allows company, with consent of lenders, to increase aggregate amount to $200.0 million .Says amendment reduces the committed amount available under the letter of credit sub-facility to $50.0 million.  Full Article

Av Homes says Q2 earnings per share $4.45
Thursday, 28 Jul 2016 04:10pm EDT 

Av Homes Inc : Qtrly backlog value increased 60% to $363.3 million on 1,144 units . Av homes reports results for second quarter 2016 . Q2 earnings per share $4.45 . Q2 revenue rose 137 percent to $188.1 million . Qtrly average selling price for homes delivered increased 19% to $311,000 per home .Qtrly net new order value increased 55% to $213.3 million on a 40% increase in units.  Full Article

BRIEF-AV Homes Q2 earnings per share $0.03

* AV Homes Inc qtrly net new order value increased to $223.7 million on 691 units