CSIMarket
 
Harbor Custom Development Inc   (HCDI)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services
 
Price: $0.1990 $-0.12 -37.618%
Day's High: $0.248 Week Perf: -53.72 %
Day's Low: $ 0.18 30 Day Perf: -75.52 %
Volume (M): 1,246 52 Wk High: $ 15.85
Volume (M$): $ 248 52 Wk Avg: $2.26
Open: $0.20 52 Wk Low: $0.18



 Market Capitalization (Millions $) 1
 Shares Outstanding (Millions) 3
 Employees -
 Revenues (TTM) (Millions $) 38
 Net Income (TTM) (Millions $) -38
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 1

Harbor Custom Development Inc
Harbor Custom Development Inc is a real estate development company based in Washington, USA. They focus on building quality homes in desirable locations. The company aims to provide affordable housing options without compromising on design and functionality. Harbor Custom Development Inc embraces innovative construction techniques and works closely with local communities to meet their specific needs.


   Company Address: 1201 Pacific Avenue, Suite 1200 Tacoma 98402 WA
   Company Phone Number: 649-0636   Stock Exchange / Ticker: NASDAQ HCDI
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Harbor Custom Development Inc

Headline: Harbor Custom Development Inc's Deficit Widens Further Amidst Troubling Financial Results in Recent Fiscal Period

analyst closely following the developments in the real estate sector, I couldn't help but notice the alarming financial results recently announced by Harbor Custom Development Inc (HCDI). The company's most recent fiscal period was declared disastrous, as indicated by a staggering 59.571% decline in revenue to $4.75 million. Moreover, the net deficit per share expanded sharply to $-7.51 from $-3.79 in the comparable reporting season a year prior.
This disappointing performance is in stark contrast to the preceding reporting season, where revenue tumbled by a whopping 75.106% to $19.08 million. The net loss for the most recent fiscal period amounted to $-18.275 million, significantly larger than the $-3.415 million reported a year ago. These figures not only point to a significant decline in profitability but also raise concerns over the financial sustainability of Harbor Custom Development Inc.

Harbor Custom Development Inc

Harbor Custom Development Inc Shines with Remarkable 85.491% Revenue Growth in Q2 2023, Leaving Construction Services Industry Behind

Harbor Custom Development Inc (HCDI), a leading company in the Construction Services industry, released its financial second quarter results for 2023. Despite a net loss of $-4.376 million, the company's revenue showed a significant rise. HCDI reported a revenue increase of 85.491%, reaching $19.08 million compared to $10.29 million in the same reporting period the previous year. Additionally, sequentially, the revenue doubled by 107.824% from $9.18 million.
The rise in revenue showcases HCDI's strong performance and indicates that it has outperformed its industry peers in terms of top-line growth. While the rest of the Construction Services industry saw only a 4.97% increase in revenue during the same reporting period, HCDI's revenue growth far surpassed this figure.

Harbor Custom Development Inc

Harbor Custom Development Inc Powers through Challenging Q1 2023 with Promising Revenue Surge

The financial results recently reported by Harbor Custom Development Inc (HCDI) for the first quarter of 2023 have been quite disappointing. The company has witnessed a drastic decline in revenue by 67.877% to $9.18 million compared to the corresponding period a year before. Additionally, the net loss per share has widened to $-9.39, which indicates a significant decline from the prior reporting period of $-0.89 per share.
However, there is a ray of hope for HCDI as revenue has surged sequentially by 91.335% from $4.80 million. It is a positive sign for the company as it shows that the business is slowly picking up pace.






 

Harbor Custom Development Inc's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com