Industry News

KB Home reports $50 million net loss in Q4

CEO cites 'aggressive use of price concessions'
Published on Feb 13, 2007

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by CareyBot

Home builder KB Home today reported a net loss of $49.6 million, or 64 cents per diluted share in the fourth quarter, compared with net income of $304.4 million, or $3.44 per diluted share, in fourth-quarter 2005. For the full ...