Benzinga | Apr 30, 2021 06:04AM EDT

The New Home Company Sees Q2 Home Sales Revenue $125M-$135M, Sees FY21 Home Sales Revenue $475M-$495M

Guidance

The Company's current estimate for the 2021 second quarter is as follows:

* Home sales revenue of $125 - $135 million

* Fee building revenue of $4 - $6 million

* Home sales gross margin of 16.0% to 16.2% The Company's current estimate for the full year 2021 is as follows: Home sales revenue of $475 - $495 million Fee building revenue of $15 - $20 million Home sales gross margin of 16.0% to 16.2%