04:36 PM EDT, 03/19/2024 (MT Newswires) -- Smith Douglas Homes ( SDHC ) reported 2023 adjusted net income Tuesday of $92.4 million, down from $105.3 million a year earlier.

Analysts polled by Capital IQ expected $92.3 million. The homebuilder did not provide per-share earnings.

Revenue for the 12 months ended Dec. 31 was $764.6 million, up from $755.4 million a year earlier.

Analysts expected $752.6 million.

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