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New Home Co. offers Q1, FY'18 guidance

New Home Co. Inc. expects to generate home-sales revenue of between $70 million and $80 million, as well as fee building revenue of $30 million to $40 million, in the first quarter.

The homebuilder also offered guidance for the full year, with forecasts of $600 million to $660 million for home sales revenue and $110 million to $140 million for fee building revenue. The company projects a home-sales gross margin of 14.5% to 15.0% for 2018.