Benzinga | Jul 7, 2021 11:22AM EDT

LGI Homes Posts 31% Growth In June Home Closings

* LGI Homes Inc (NASDAQ:LGIH) reported that it closed 997 homes in June 2021, representing a 31.2% year-on-year growth.

* The company also posted a 42.4% Y/Y growth in the second quarter home closings.

* The company ended the first six months of 2021 with a total of 5,417 home closings, a 41.1% increase Y/Y.

* As of June 30, 2021, LGI had 106 active selling communities.

* The financial results for the second quarter ended June 30, 2021, will be released before the market opens on Tuesday, August 3, 2021.

* Price action: LGIH shares were up 3.11% at $167.11 on the last check Wednesday.