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Builders’ Results Show Return to Profitability, Increased Contracts 

Nov 11, 2009By

Atlanta-based homebuilder Beazer Homes USA [stock BZH][/stock] returned to profitability in its fiscal year fourth quarter, posting income from continuing operations of $35.3m, or $0.87 per diluted share. The profits from Beazer’s FYQ409, which ended Sept. 30, compare to losses of $27.9m in FYQ309 and $453.8m in FYQ408.

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