The Ryland Group First Quarter 2012 Numbers | ||
Quarter One | ||
Profit/(Loss) | ($3.0) M +82.7% YOY | |
Home Deliveries | 815 +25.4% YOY | |
New Orders | 1,328 +43.6% YOY | |
Note: Numbers exclude results from discontinued operations.
Behind the Numbers:
Shed of markets that weren’t large enough to justify its operations, Ryland’s numbers improved impressively in its first quarter. Yes, the company still lost money, $3 million if you don’t count the winding down operations; $5.1 million if you do. But the company’s future looks brighter with a 43% jump in sales orders.
Ryland’s fiscal year ends Dec. 31
