Legacy Housing Corporation Provides Update on Delayed SEC Filings and Guidance for the First Half of 2022
- Legacy filed its Form 10-K for the year ended
December 31, 2021 onAugust 3, 2022 . - On
August 5, 2022 , the Audit Committee of the Board of Directors of Legacy dismissedWeaver and Tidwell, LLP and approved the appointment ofDaszkal Bolton LLP as the Company’s new independent registered public accounting firm. - The Company anticipates filing its Form 10-Q1 and Form 10-Q2 by late
September 2022 .
First Half of 2022 Guidance
Legacy’s team is working diligently to file its Form 10-Q1 and Form 10-Q2 as soon as possible. In the meantime, the Company announces the following unadjusted earnings guidance for the six months ended
- Revenues of
$120 million to$122 million . - Income before taxes of
$37 million to$39 million .
About
Legacy builds, sells and finances manufactured homes and "tiny houses" that are distributed through a network of independent retailers and company-owned stores. The Company also sells directly to manufactured housing communities. Legacy is the sixth largest producer of manufactured homes in
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Securities and Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control. As a result, our actual results or performance may differ materially from anticipated results or performance. Legacy undertakes no obligation to update any such forward-looking statements after the date hereof, except as required by law. Investors should not place any reliance on any such forward-looking statements.
Investor Inquiries:
investors@legacyhousingcorp.com
or
Investor Inquiries:
duncanbates@legacyhousingcorp.com
Media Inquiries:
pr@legacyhousingcorp.com
Source: Legacy Housing Corporation