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Cavco: Fiscal 2Q Earnings Snapshot

·1 min read

PHOENIX (AP) _ Cavco Industries Inc. (CVCO) on Thursday reported fiscal second-quarter net income of $15 million.

The Phoenix-based company said it had profit of $1.62 per share.

The homebuilder posted revenue of $258 million in the period.

Cavco shares have decreased roughly 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $178, a fall of slightly more than 9% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVCO at https://www.zacks.com/ap/CVCO