---
title: "HOVNANIAN ENTERPRISES INC PRF STK SERIES 'A' USD25.00 | 8-K: FY2025 Q2 Revenue: USD 686.47 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/241179512.md"
datetime: "2025-05-21T08:13:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/241179512.md)
  - [en](https://longbridge.com/en/news/241179512.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/241179512.md)
generator: "portal-rs"
---

# HOVNANIAN ENTERPRISES INC PRF STK SERIES 'A' USD25.00 | 8-K: FY2025 Q2 Revenue: USD 686.47 M

Revenue: As of FY2025 Q2, the actual value is USD 686.47 M.

EPS: As of FY2025 Q2, the actual value is USD 2.43.

EBIT: As of FY2025 Q2, the actual value is USD 55.61 M.

### Segment Revenue

-   Total revenues for the second quarter of fiscal 2025 decreased 3.1% to $686.5 million compared to $708.4 million in the same quarter of the prior year. For the six months ended April 30, 2025, total revenues increased 4.4% to $1.36 billion compared to $1.30 billion in the first half of fiscal 2024.
-   Domestic unconsolidated joint ventures sale of homes revenues for the second quarter of fiscal 2025 increased 21.4% to $144.5 million compared to $119.0 million for the three months ended April 30, 2024.

### Operational Metrics

-   Homebuilding gross margin percentage, after cost of sales interest expense and land charges, was 13.8% for the three months ended April 30, 2025, compared with 19.5% during the second quarter a year ago.
-   Total SG&A was $80.6 million, or 11.7% of total revenues, in the second quarter of fiscal 2025 compared with $79.0 million, or 11.2% of total revenues, in the second quarter of fiscal 2024.
-   Income before income taxes for the second quarter of fiscal 2025 was $26.5 million compared with $69.4 million in the second quarter of the prior fiscal year.
-   Net income was $19.7 million, or $2.43 per diluted common share, for the three months ended April 30, 2025, compared with net income of $50.8 million, or $6.66 per diluted common share, in the same period of the previous fiscal year.

### Cash Flow

-   Total liquidity as of April 30, 2025, was $202.4 million, which was within the targeted liquidity range of $170 million to $245 million.

### Unique Metrics

-   Consolidated contracts in the second quarter of fiscal 2025 decreased 7.5% to 1,398 homes ($706.6 million) compared with 1,512 homes ($785.8 million) in the same quarter last year.
-   Consolidated community count increased 14.7% to 125 communities as of April 30, 2025, compared with 109 communities as of April 30, 2024.

### Outlook / Guidance

-   For the third quarter of fiscal 2025, total revenues are expected to be between $750 million and $850 million, adjusted homebuilding gross margin is expected to be between 17.0% and 18.0%, adjusted income before income taxes is expected to be between $30 million and $40 million, and adjusted EBITDA is expected to be between $60 million and $70 million.

### Related Stocks

- [HOVNP.US](https://longbridge.com/en/quote/HOVNP.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**