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A V Homes posts 1Q profit

SCOTTSDALE, Ariz. (AP) _ A V Homes Inc. (AVHI) on Thursday reported first-quarter profit of $2.4 million.

On a per-share basis, the Scottsdale, Arizona-based company said it had profit of 11 cents.

The homebuilder posted revenue of $155.5 million in the period.

A V Homes shares have climbed roughly 6 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.70, a climb of 50 percent 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 AVHI at https://www.zacks.com/ap/AVHI

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Keywords: A V Homes, Earnings Report