$49,586 / $87,310 = 56.8% Q219 margin
$52,503 / $73,844 = 71.1% Q218 margin
Revenue up 18.4%
Net income down 5.6%
Tough quarter. Back out the $4.9MM in land sales and it looks even worse.
The word expense is only used in the release twice and the context there was income tax expense.
Share count unchanged on the quarter at 7,756,156.
Time for change.