AV Homes, Inc. (NASDAQ:AVHI) Files An 8-K Results of Operations and Financial Condition
ME Staff 8-k
AV Homes, Inc. (NASDAQ:AVHI) Files An 8-K Results of Operations and Financial ConditionItem 2.02Results of Operations and Financial Condition.
On July 27, 2017, AV Homes, Inc. (the “Company”) issued a press release announcing its results for the quarter endedJune 30, 2017. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
The information furnished to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
99.1
Press Release dated July 27, 2017.
AV Homes, Inc. ExhibitEX-99.1 2 ex-99d1.htm EX-99.1 avhi_Ex99_1 Exhibit 99.1 AV Homes Reports Results for Second Quarter 2017 · Total revenue increased 7% to $201.2 million · Homebuilding revenue increased 6.7% to $196.9 million · Homes delivered increased to 595 units · Average selling price for homes delivered increased 6.4% to $331,…To view the full exhibit click here About AV Homes, Inc. (NASDAQ:AVHI) AV Homes, Inc. is a homebuilder engaged in the business of homebuilding and community development in Florida, Arizona and the Carolinas. The Company is also engaged in other real estate activities, such as the operation of amenities and the sale of land for third-party development. The Company’s segments include Florida, Arizona and the Carolinas. It focuses on the development and construction of primary residential communities serving first-time and move-up buyers, including under its local Bonterra Builders and Royal Oak Homes brands, and active adult communities, which are age-restricted to the age 55 and over active adult demographic. It owns approximately 5,010 developed residential lots, over 3,140 partially developed residential lots, approximately 8,650 undeveloped residential lots, and over 14,450 acres of mixed-use, commercial and industrial land. Its active adult communities include Solivita, CantaMia, Vitalia at Tradition, Encore at Eastmark and Creekside at Bethpage.