United Homes Group Inc

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

United Homes Group reports strong Q4 earnings, eyes growth opportunities

United Homes Group (UHG) showcased solid financial performance in Q4 2023, with revenue of $117M and a focus on strategic acquisitions. The company demonstrated pricing power, emphasized financial caution, and aims to maintain a healthy debt-to-book value ratio. Challenges include managing financing incentives and addressing the net loss in Q4.

United Homes Group (UHG) excels in Q1, eyes strategic growth

United Homes Group (UHG) delivered a strong Q1 performance with a focus on growth strategies, M&A activities, and market positioning. While facing challenges in maintaining margins and navigating acquisitions, UHG remains optimistic about future growth opportunities.

United Homes Group reports growth amidst challenges, eyes cost efficiencies

United Homes Group (UHG) showcased growth in revenue and home deliveries but faced a net loss in Q3 2024.
The company's strategic acquisitions, expansion into new markets, and focus on affordability position it for future opportunities.
Efforts to drive growth, manage costs, and improve margins will be crucial for UHG's financial performance going forward.

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United Homes Group, Inc. engages in the designing, building, and selling of homes principally in South Carolina, with a smaller presence in Georgia. The company was founded in 2004 and is headquartered in Chapin, SC.

United Homes' overall revenues in third-quarter 2024 are aided by year over year uptick in ASP of production-built homes.

UHG Stock Gains Despite Q3 Earnings Decline Y/Y, Gross Margins Down

United Homes Group, Inc. (UHG) Q3 2024 Earnings Call Transcript

COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (the “Company”) (NASDAQ: UHG) today announced results for the third quarter ended September 30, 2024. Third Quarter 2024 Operating Results For the third quarter 2024, net loss was $7.3 million, or $0.15 per diluted share, which included change in fair value of derivative liabilities of $7.8 million, with that change predominantly due to changes in fair value on potential earn-out consideration due to fluctuation in the stock price during.

United Homes Group, Inc. Reports 2024 Third Quarter Results

CHAPIN, S.C.--(BUSINESS WIRE)--United Homes Group (NASDAQ: UHG) announced today that the company will release its results for the third quarter of 2024 before the market opens on Friday, November 8, 2024. The company will hold a conference call to discuss the results and conduct a question-and-answer session on the same day at 8:30 AM Eastern Time. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section on the compa.

United Homes Group to Release Third Quarter 2024 Results on Friday, November 8, 2024

COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (the “Company”) (NASDAQ: UHG), today announced that on October 1, 2024, Michael Nieri, the Company's founder, Chairman, and Chief Executive Officer, will transition to Executive Chairman of the Company. As Executive Chairman, Mr. Nieri will shift his leadership time and energies to focus primarily on the Company's strategic future. Concurrently with the effectiveness of Mr. Nieri's transition to Executive Chairman, Jamie Pirrello, curren.

United Homes Group Announces Executive Leadership Changes

United Homes Group, Inc. (NASDAQ:UHG ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Erin McGinnis - General Counsel Jack Micenko - President Shelton Twine - COO Keith Feldman - CFO Conference Call Participants Carl Reichardt - BTIG Chris Plahm - Tall Pines Capital Erin McGinnis Good morning, and welcome to United Homes Group's Second Quarter 2024 Earnings Call. Before the call begins, I would like to note that this call will include forward-looking statements within the meaning of the federal securities laws.

United Homes Group, Inc. (UHG) Q2 2024 Earnings Call Transcript

Despite an uptick in ASP of production-built homes, United Homes' (UHG) overall revenues decline year over year.

United Homes (UHG) Q2 Earnings Decline Y/Y, Gross Margin Down

COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (the “Company”) (NASDAQ: UHG) today announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Operating Results For the second quarter 2024, net income was $28.6 million, or $0.50 per diluted share, which included change in fair value of derivative liabilities of $32.1 million, with that change predominantly due to changes in fair value on potential earn-out consideration due to fluctuation in the stock price duri.

United Homes Group, Inc. Reports 2024 Second Quarter Results

CHAPIN, S.C.--(BUSINESS WIRE)--United Homes Group (NASDAQ: UHG) announced today that the company will release its results for the second quarter of 2024 before the market opens on Thursday, August 8, 2024. The company will hold a conference call to discuss the results and conduct a question-and-answer session on the same day at 8:30 AM Eastern Time. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section on the comp.

United Homes Group to Release Second Quarter 2024 Results on Thursday, August 8, 2024

Find out why Zacks rates United Homes Group as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore UHG's strategic growth and financial health amid market challenges.

Zacks Initiates Coverage of United Homes Group With Neutral Recommendation

United Homes Group, Inc. (NASDAQ:UHG ) Q1 2024 Earnings Conference Call May 10, 2024 8:30 AM ET Company Participants Erin McGinnis - General Counsel Jack Micenko - President Shelton Twine - Chief Operating Officer Keith Feldman - Chief Financial Officer Conference Call Participants Carl Reichardt - BTIG Operator Good day, everyone and welcome to the United Homes Group First Quarter 2024 Earnings Call. [Operator Instructions] Please note this call may be recorded and I will be standing by should you need any assistance.

United Homes Group, Inc. (UHG) Q1 2024 Earnings Call Transcript

COLUMBIA, S.C.--(BUSINESS WIRE)--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. About United Homes Group, Inc. UHG is a publicly traded residential builder headquartered in Chapin, South Carolina. The company focuses on building homes in southeastern markets with active communities in South Carolina, North Carolina and Georgia and has b.

United Homes Group Issues Correction on First Quarter 2024 Earnings Call Time

COLUMBIA, S.C.--(BUSINESS WIRE)--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.

United Homes Group, Inc. Reports 2024 First Quarter Results

CHAPIN, S.C.--(BUSINESS WIRE)--United Homes Group (NASDAQ: UHG) announced today that the company will release its results for the first quarter of 2024 before the market opens on Friday, May 10, 2024. The company will hold a conference call to discuss the results and conduct a question-and-answer session on the same day at 8:30 AM Eastern Time. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section on the company's.

United Homes Group to Release First Quarter 2024 Results on Friday, May 10, 2024

COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (“UHG” or the “Company”) (Nasdaq: UHG) announced today that David Hamamoto has resigned from the Board of Directors. Mr. Hamamoto was the founder and principal sponsor of DiamondHead Holdings Corp., which subsequently merged with Great Southern Homes to create UHG, now a publicly-traded homebuilder. The Company is also announcing that Mr. Hamamoto's seat will be filled by Jamie Pirrello, a 30-year veteran of the homebuilding industry who.

United Homes Group Announces Board of Directors Update

United Homes Group, Inc. (UHG) Q4 2023 Earnings Call Transcript

COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (the “Company”) (NASDAQ: UHG) today announced results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Operating Results For the fourth quarter 2023, net loss was $66.6 million, or $(1.38) per diluted share, which included change in fair value of derivative liabilities of $(69.1) million, with that change predominantly due to changes in fair value on potential earn-out consideration due to fluctuation i.

United Homes Group, Inc. Reports Fourth Quarter and Full Year 2023 Results

CHAPIN, S.C.--(BUSINESS WIRE)--United Homes Group (NASDAQ: UHG) announced today that the company will release its results for the fourth quarter and full year 2023 before the market opens on Thursday, March 14, 2023. The company will hold a conference call to discuss the results and conduct a question-and-answer session on the same day at 8:30 AM Eastern Time. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section.

United Homes Group to Release Fourth Quarter and Full Year 2023 Results on Thursday, March 14, 2023

COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (“UHG”) (NASDAQ: UHG), a leading homebuilder in the Southeast, today announced that it has acquired the homebuilding business and assets of Creekside Custom Homes, LLC, a home builder and land developer in the Coastal region of South Carolina. Creekside builds homes primarily in the rapidly growing Myrtle Beach market with a product set that aligns with the existing Great Southern Homes brand in the marketplace. “The Creekside acquisitio.

United Homes Group Announces Acquisition of Homebuilding Business of Creekside Custom Homes

COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (the “Company”) (NASDAQ: UHG) today announced results for the third quarter ended September 30, 2023. Third Quarter 2023 Operating Results For the third quarter 2023, net income was $150.8 million, or $2.35 per diluted share, which included change in fair value of derivative liabilities of $149.7 million, predominantly due to changes in fair value on potential earn-out consideration due to fluctuation in the stock price during the measur.

United Homes Group, Inc. Reports 2023 Third Quarter Results

IRMO, S.C.--(BUSINESS WIRE)--United Homes Group (NASDAQ: UHG) announced today that the company will release its results for the third quarter of 2023 before the market opens on Friday, November 10, 2023. The company will hold a conference call to discuss the results and conduct a question-and-answer session on the same day at 8:00 AM Eastern Time. Interested parties can dial in using the numbers below or access the call via a webcast link provided in the investor relations section on the compan.

United Homes Group to Release Third Quarter 2023 Results on Friday, November 10, 2023

COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (“UHG”) (NASDAQ: UHG), a leading homebuilder in the Southeast, today announced that it has acquired Rosewood Communities, a home builder in the Upstate region of South Carolina. Rosewood Communities builds homes primarily in the rapidly growing Greenville and Clemson markets. “Acquiring Rosewood Communities is a great opportunity to expand our existing footprint in the Upstate area,” said UHG Chief Executive Officer Michael Nieri. “With.

United Homes Group Announces Acquisition of Rosewood Communities

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COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (“UHG”) (NASDAQ: UHG), a leading homebuilder in the Southeast, today announced that it is opening a new division in the Raleigh, NC, area. The new division, formerly Herring Homes, will be led by Brian Herring and will operate under the Great Southern Homes brand. Herring has over 20 years' experience in the industry, previously serving as President and CEO of Herring Homes, which he founded in 2019. Herring brings with him a seasoned te.

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