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Landsea Homes (LSEA) - 2025 Q1 - Quarterly Results
Landsea Homes Landsea Homes (US:LSEA)2025-05-13 09:39

Exhibit 99.1 Landsea Homes Reports First Quarter 2025 Results Dallas, Texas – May 13, 2025 – Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company") announced today financial results for the first quarter ended March 31, 2025. For the quarter, the Company reported pretax loss of 9.9million,netlossof9.9 million, net loss of 7.1 million or 0.20losspershare,andgrossmarginof13.00.20 loss per share, and gross margin of 13.0%. The Company reported an adjusted net loss (a non-GAAP measure) of 1.7 million or $0.05 loss per share and adjusted gross ...