FPH - Five Point Holdings GAAP EPS of -$0.07 revenue of $5.7M

2023-04-20 16:19:16 ET

• Five Point Holdings press release ( NYSE: FPH ): Q1 GAAP EPS of -$0.07.
• Revenue of $5.7M (+16.6% Y/Y).
• Great Park builder sales of 255 homes during the quarter compared to 113 in the fourth quarter of 2022.
• Valencia builder sales of 75 homes during the quarter compared to 49 in the fourth quarter of 2022.
• Consolidated selling, general and administrative expense of $13.8 million was down 18% from first quarter 2022.
• Cash and cash equivalents of $106.6 million as of March 31, 2023.
• Debt to total capitalization ratio of 25.2% and liquidity of $231.6 million as of March 31, 2023.

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