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Cavco: Fiscal 4Q Earnings Snapshot

PHOENIX (AP) _ Cavco Industries Inc. (CVCO) on Thursday reported fiscal fourth-quarter net income of $20 million.

On a per-share basis, the Phoenix-based company said it had profit of $2.17.

The homebuilder posted revenue of $241.1 million in the period.

For the year, the company reported profit of $68.6 million, or $7.40 per share. Revenue was reported as $962.7 million.

Cavco shares have increased slightly more than 4% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $136.10, a fall of 24% 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