Industry News

Builder Hovnanian takes $469 million net loss in Q4

Company reports $638 million net loss for full year
Published on Dec 19, 2007

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Builder Hovnanian Enterprises reported a net loss of almost half a billion dollars for the three-month period ending Oct. 31. Hovnanian recorded a $469 million net loss for the fourth quarter of the 2007 fiscal year, or $7.42 per share. ...