Hovnanian Enterprises Expects Q2 Revenue Of $675M-$775M Vs. $821.8M Est., Adj EBITDA Of $50M-$60M

For the second quarter of fiscal 2025, total revenues are expected to be between $675 million and $775 million, adjusted homebuilding gross margin is expected to be between 17.5% and 18.5%, adjusted income before income taxes is expected to be between $20 million and $30 million and adjusted EBITDA is expected to be between $50 million and $60 million.