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, 2021on August 3, 2022.
August 5, 2022, the Audit Committee of the Board of Directors of Legacy dismissed Weaver and Tidwell, LLPand approved the appointment of Daszkal Bolton LLPas the Company’s new independent registered public accounting firm.
- The Company anticipates filing its Form 10-Q1 and Form 10-Q2 by late
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 millionto $122 million.
- Income before taxes of
$37 millionto $39 million.
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.
Source: Legacy Housing Corporation