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| Pulte Homes reports 4Q and full-year 2007 results Pulte Homes announced financial results for its fourth quarter and year ended December 31, 2007. For the quarter, the company reported a pre-tax loss from continuing operations of $453.8 million, compared with an $18.1 million pre-tax loss for the prior year fourth quarter. Consolidated revenues for the quarter were $2.9 billion, a decline of 34% from prior year revenues of $4.4 billion. For the full year 2007, Pulte Homes reported consolidated revenues of $9.3 billion, a decrease of 35% from the prior year. The company had a loss from continuing operations of $9.02 per share, compared with earnings of $2.67 per diluted share in the prior year. Pulte Homes ended the year with $1.1 billion in cash and no debt outstanding under its $1.86 billion revolving credit facility. write your comments about the article :: © 2008 Construction News :: home page |