PHOENIX (AP) _ Cavco Industries Inc. (CVCO) on Monday reported fiscal second-quarter earnings of $20.9 million.
The Phoenix-based company said it had net income of $2.25 per share. Earnings, adjusted for non-recurring gains, were $2.14 per share.
The homebuilder posted revenue of $268.7 million in the period.
Cavco shares have increased 55% since the beginning of the year. In the final minutes of trading on Monday, shares hit $202.20, climbing slightly in the last 12 months.