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Pulte loss narrows as orders jump
April 26, 2012 / 10:40 AM / in 6 years

Pulte loss narrows as orders jump

April 26 (Reuters) - PulteGroup Inc, the second largest U.S. homebuilder, posted a narrower quarterly loss as new home orders jumped 15 percent.

First-quarter net loss fell to $11.7 million, or 3 cents per share, from $39.5 million, or 10 cents per share, a year ago.

New orders jumped to 4,991 units from 4,345 in the year-ago quarter.

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