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Taylor Morrison Home Corporation,(TMHC) a leading homebuilder, has released it s financial statements for the first quarter of 2023, reporting impressive revenue growth and substantial net income. The company's performance during this period showcases its resilience and ability to capitalize on the ongoing strength in the real estate market

Taylor Morrison Home Corporation Reports Strong Revenue Growth and Robust Net Income in Q1 2023

Homebuilder Taylor Morrison Home Corporation achieves significant revenue and net income in the first quarter of 2023, driven by strong home closings and financial services.

By USInMinutes
Published - Jul 26, 2023, 10:07 AM ET
Last Updated - Aug 20, 2024, 01:33 AM EDT

Taylor Morrison Home Corporation,(TMHC) a leading homebuilder, has released it s financial statements for the first quarter of 2023, reporting impressive revenue growth and substantial net income. The company's performance during this period showcases its resilience and ability to capitalize on the ongoing strength in the real estate market.

Net Income/ Loss

Taylor Morrison Home Corporation achieved outstanding financial results in the first quarter of 2023, reporting a net income of $191.2 million before allocation to non-controlling interests. This marks a remarkable increase compared to the net income of $178.5 million in the same period last year. The growth in net income reflects the company's successful execution of its business strategy and strong demand for its homes.

Revenue

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