BEDFORD, Texas, Aug. 07, 2025 (GLOBE NEWSWIRE) — Legacy Housing Corporation ((“Legacy” or the “Company, NASDAQ:LEGH) today announced its financial results for the second quarter ended June 30, 2025.
Financial Highlights
- Net revenue for the second quarter of 2025 was $50.2 million, an increase of 18.0% from the second quarter of 2024.
- Income from operations for the second quarter of 2025 was $16.8 million, an increase of 4.9% from the second quarter of 2024.
- Net income for the second quarter of 2025 was $14.7 million, a decrease of 9.2% from the second quarter of 2024.
- Basic earnings per share for the second quarter of 2025 was $0.61, a decrease of 9.0% from the second quarter of 2024.
- Book value per share1 for the second quarter of 2025 was $21.32, an increase of 11.2% from the second quarter of 2024.
- The Company repurchased 260,635 shares of common stock for $5.8 million in the open market during the three months ended June 30, 2025.
Duncan Bates, President and Chief Executive Officer, stated: …