05:32 PM EDT, 10/31/2024 (MT Newswires) -- Cavco Industries ( CVCO ) reported fiscal Q2 net income late Thursday of $5.28 per diluted share, up from $4.76 a year earlier.

Three analysts polled by Capital IQ expected $4.76.

Revenue in the three months ended Sept. 28 rose to $507.5 million from $452 million a year earlier.

Three analysts surveyed by Capital IQ expected $479.8 million.

The company announced a new $100 million stock repurchase program.