Nov 10 · 10:33:00 AM · Source: Company News

Beazer Homes USA Tuesday reported a fiscal fourth quarter profit of $34 million, or 84 cents per share, compared with a year-earlier loss of $474 million, or $12.29 per share. Revenue was $376.3 million, down from $650 million a year earlier.
The company's CEO said demand for the company's new homes was spurred by low prices and mortgage interest rates and a federal tax credit for first-time home buyers,

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by Larry Etter