(Reuters) - KB Home reported a net loss of $148.7 million, or $1.93 per share, including French discontinued operations, for its fiscal second quarter ended May 31, compared with a profit of $205.4 million, or $2.45 per share, a year earlier.
Revenue, excluding discontinued French operations, fell 36 percent to $1.41 billion, primarily because of lower housing revenue, which dropped 41 percent.
Read more at Reuters.com Bonds News
Revenue, excluding discontinued French operations, fell 36 percent to $1.41 billion, primarily because of lower housing revenue, which dropped 41 percent.
Read more at Reuters.com Bonds News
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