Cavco Reports Revenues Rise for Quarter

cavco_home__creditIn reporting financial results for the first quarter ending June 28, 2014 of its fiscal year 2015, Cavco Industries, Inc. (CVCO) says net revenue for Q1 rose 3.9 percent, from $134.0 million year-over-year to $139.2 million this year. Net income for fiscal year 2015 Q1 was $5.8 million, up from $3.9 million for the same period last year, according to yahoo.finance.com. Net income attributable to Cavco shareholders for the fiscal 2015 first quarter was $5.8 million, compared to net income of $1.8 million reported in the same quarter of fiscal year 2014. Net income per share attributable to Cavco shareholders based on diluted weighted average outstanding for the quarter ending June 28, 2014 was $0.65 as compared to $0.26 for the prior year period. As MHProNews knows, Cavco is one of the largest producers of manufactured homes in the nation, and also manufactures modular homes and commercial structures. ##

(Image credit: Cavco Industries, Inc.)

 

 

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