United Homes Group Inc
NASDAQ:UHG

  • LAST PRICE
    6.8000
  • TODAY'S CHANGE (%)
    0.0500 (0.7407%)
  • Bid / Lots
    2.8000/ 2
  • Ask / Lots
    10.8000/ 2
  • Open / Previous Close
    6.6700 / 6.7500
  • Day Range
    6.5900
    6.8400
  • 52 Week Range
    4.7900
    18.7000
  • Volume
    7,905

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  • Yesterday

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    • 8:15AM ET on Friday May 10, 2024 by Business Wire
      Companies Mentioned: UHG

      United Homes Group (NASDAQ: UHG) will conduct their earnings call and webcast to discuss first quarter 2024 earnings on Friday, May 10, at 8:30 AM Eastern Time, not 8:00 AM as stated in the earnings release.

    • 8:15AM ET on Friday May 10, 2024 by Dow Jones
      Companies Mentioned: UHG
      COLUMBIA, S.C.--(BUSINESS WIRE)--May 10, 2024--
      United Homes Group (NASDAQ: UHG) will conduct their earnings call and webcast to discuss first quarter 2024 earnings on Friday, May 10, at 8:30 AM Eastern Time, not 8:00 AM as stated in the earnings release.

    • 7:30AM ET on Friday May 10, 2024 by Business Wire
      Companies Mentioned: UHG

      United Homes Group, Inc. (the "Company") (NASDAQ: UHG) today announced results for the first quarter ended March 31, 2024.

      First Quarter 2024 Operating Results

      For the first quarter 2024, net income was $24.9 million, or $0.44 per diluted share, which included change in fair value of derivative liabilities of $26.4 million, with that change predominantly due to changes in fair value on potential earn-out consideration due to fluctuation in the stock price during the measurement period, representing a non-cash expense item. The earnout consideration would be paid in common shares upon reaching certain stock price hurdles. The Company is required to record the fair value of this earnout as derivative liabilities on the Condensed Consolidated Balance Sheets and to record changes in fair value of derivative liabilities on the Condensed Consolidated Statements of Operations, in each case until UHG shares reach certain predetermined values or expiration of the five year earnout period. Net loss for the first quarter 2023 was $(204.5) million, or $(5.44) per diluted share. Total Stockholders' equity for the first quarter 2024 was $(4.7) million. Adjusted book value(1), which excludes the derivative liability and goodwill, was $87.2 million.

  • Apr 29, 2024

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