Landsea Homes (LSEA) Company Overview

DALLAS, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that Susan E. Lattmann has rejoined the Company's Board of Directors effective immediately. Ms. Lattmann is rejoining the Board following Thomas Hartfield's decision not to stand for re-election at the 2025 annual meeting of stockholders.

New townhomes will offer affordable high-quality housing in desirable region of Orange County PLACENTIA, Calif. , Jan. 9, 2025 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 39 new homesites, which will serve as an extension of its existing Hudson community in Placentia in North Orange County, California.

A ttainably priced High Performance Homes coming soon to Denver suburb BRIGHTON, Colo. , Dec. 9, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 32 homesites in the Cherry Meadows master-planned community in Brighton, Colorado.

DALLAS, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, today announced the pricing of an underwritten public offering of 6,086,957 shares of its common stock being sold by selling stockholders of the Company, Landsea Holdings Corporation and Ever Fast Holdings Limited, at a public offering price of $10.25 per share, for total gross proceeds of approximately $62.4 million to the selling stockholders, before deducting underwriting discounts and commissions and offering expenses (the “Offering”). In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 913,043 shares of the Company's common stock at the public offering price, less underwriting discounts and commissions. The Company is not selling any shares of common stock in the Offering. The Offering is expected to close on or about December 9, 2024, subject to customary closing conditions.

New office space in Irving will accommodate growing number of division employees Conveniently located near company's communities and important employment bases Space is currently under construction with move-in expected in Spring 2025 DALLAS , Nov. 18, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, has signed a 14,725-square-foot long-term lease at Tower 1320 in Irving, Texas, which will serve as the company's Dallas-Fort Worth division headquarters, at 1320 Greenway Drive. "Our division is continuing to grow, and this move demonstrates our strong commitment to this important market for Landsea Homes," said Melissa Kelly, Dallas-Fort Worth Division President, Landsea Homes.

DALLAS, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ: LSEA) today announced that the company will present at the Southwest IDEAS Investor Conference on Thursday, November 21, 2024 at The Statler in Dallas, TX. Company's presentation is scheduled to begin at 11:30 AM local time (12:30 ET). The presentation will be webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/southwest and in the investor relations section of the company's website: https://ir.landseahomes.com/. A replay of the presentation will also be available on the company's website for 90 days following the event.

Landsea Homes (LSEA) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.30 per share a year ago.

DALLAS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”) announced today financial results for the third quarter ended September 30, 2024. For the quarter, the Company reported pretax income of $14.9 million, and net income of $11.1 million, or $0.30 per share. Adjusted net income (a non-GAAP measure) was $15.9 million or $0.44 per share and adjusted gross margin was 22.8%. Reported pretax income for the prior year period was $12.5 million with net income of $8.6 million, or $0.22 per share. For the prior year period, adjusted net income was $11.7 million, or $0.30 per share and adjusted gross margin was 24.0%.

DALLAS, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) announced today that the company will release its results for the third quarter of 2024 before the market opens on Monday, November 4, 2024. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session.