HOV

Hovnanian Enterprises Receives Two U.S. Department Of Energy 2023 Awards For Building Energy Efficient Homes

Retrieved on: 
Thursday, October 19, 2023
PVC, NYSE, The Cove, AFUE, Ventilation, Atmosphere, HOV, DOE, HVAC, United States Department of Energy, OSB, Housing, Cove, Amusement park, Heating, ventilation, and air conditioning

MATAWAN, N.J., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that it received two United States Department of Energy (DOE) 2023 Housing Innovation Awards. The Housing Innovation Awards recognize leading homebuilders from across the country who are constructing Zero Energy Ready Homes (ZERH), the federal government’s highest certification program for home performance. Homes certified to the ZERH program deliver truly best-in-class performance, providing American homeowners with exceptional value, quality, and comfort. The DOE defines a zero energy ready home as a high-performance home which is so energy efficient, that a renewable energy system can offset all or most of the home’s annual energy consumption.

Key Points: 
  • MATAWAN, N.J., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that it received two United States Department of Energy (DOE) 2023 Housing Innovation Awards.
  • The Housing Innovation Awards recognize leading homebuilders from across the country who are constructing Zero Energy Ready Homes (ZERH), the federal government’s highest certification program for home performance.
  • The DOE defines a zero energy ready home as a high-performance home which is so energy efficient, that a renewable energy system can offset all or most of the home’s annual energy consumption.
  • Over the past few years, we have made great strides in designing and building homes that are more energy efficient.

Hovnanian Enterprises to Present at Deutsche Bank’s 31st Annual Leveraged Finance Conference

Retrieved on: 
Wednesday, September 27, 2023
BANK, Deutsch, HOV, Hovnanian Enterprises, Conference, NYSE, RED, News, Broadcasting, Online shopping, Hovnanian

RED BANK, N.J., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be presenting at Deutsche Bank’s 31st Annual Leveraged Finance Conference on Wednesday, October 4, 2023 at 11:00 a.m.

Key Points: 
  • RED BANK, N.J., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be presenting at Deutsche Bank’s 31st Annual Leveraged Finance Conference on Wednesday, October 4, 2023 at 11:00 a.m.
  • The presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ website at http://www.khov.com .
  • It is suggested that participants access the webcast event page at least five minutes before the live event.
  • For those who are not available to listen to the live webcast, an archive of the broadcast will be available under the “Past Events” section of the “Investor Relations” page on the Hovnanian website at http://www.khov.com .

Hovnanian Enterprises Announces Refinancing Transaction

Retrieved on: 
Monday, September 25, 2023
HOV, Hovnanian Enterprises, Third Amendment to the United States Constitution, Credit, Senior, NYSE, Risk, Sale, Security (finance)

MATAWAN, N.J., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”), a leading national homebuilder, announced today that it has entered into an agreement with existing investors to consummate a refinancing transaction that extends the maturities of over $600 million of the Company’s secured debt to the fourth quarters of fiscal 2028 and fiscal 2029.

Key Points: 
  • MATAWAN, N.J., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”), a leading national homebuilder, announced today that it has entered into an agreement with existing investors to consummate a refinancing transaction that extends the maturities of over $600 million of the Company’s secured debt to the fourth quarters of fiscal 2028 and fiscal 2029.
  • “This refinancing significantly enhances our balance sheet and reduces risk,” stated Ara K. Hovnanian, Chairman of the Board, President, and Chief Executive Officer.
  • This refinancing transaction will extend maturities of all of our secured debt maturing in fiscal 2026 by a few years, with minimal impact to annual interest incurred.
  • Extending the revolver maturity: The transaction extends the maturity of the revolver, which was the nearest term maturity, from next fiscal year to the third quarter of fiscal 2026.

Roc Nation and Lexus Partner for New Installation at The Book Of HOV Exhibit

Retrieved on: 
Thursday, September 14, 2023
Encore (Jay-Z song), Central Library (Brooklyn Public Library), Senior, Central Locator System, Book, Culture, Central library, Dead Presidents, Empire State of Mind, Brooklyn Public Library, Lexus, Empire State of Mind (book), HOV, GS, Roc Nation, JAY-Z, Artifact, Nightclub

NEW YORK, Sept. 14, 2023 /PRNewswire/ -- Roc Nation and Lexus proudly announce the addition of a 1993 Lexus GS 300 at The Book Of HOV, an immersive exhibit at Brooklyn Public Library's Central Location. The iconic Lexus was first featured in JAY-Z's "Dead Presidents" visual, and then in the lyrics of "Can I Live" and the #1 hit, "Empire State Of Mind." Situated alongside the Central Library on Eastern Parkway, the Lexus is the first of artifacts that will be added to The Book Of HOV.

Key Points: 
  • NEW YORK, Sept. 14, 2023 /PRNewswire/ -- Roc Nation and Lexus proudly announce the addition of a 1993 Lexus GS 300 at The Book Of HOV , an immersive exhibit at Brooklyn Public Library's Central Location.
  • Situated alongside the Central Library on Eastern Parkway, the Lexus is the first of artifacts that will be added to The Book Of HOV.
  • "We're excited to partner with Lexus to bring JAY-Z's iconic "Off-White Lexus" to The Book of HOV.
  • The 1993 Lexus GS 300 will be on display for the remainder of The Book of HOV exhibit, which runs through December.

Hovnanian Enterprises Reports Fiscal 2023 Third Quarter Results

Retrieved on: 
Wednesday, August 30, 2023
HOV, Hovnanian Enterprises, OF, EBITDA, Community, GAAP, SG, NYSE, Clothing, Video game, Security (finance), Cryptocurrency

MATAWAN, N.J., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal third quarter and nine months ended July 31, 2023.

Key Points: 
  • MATAWAN, N.J., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal third quarter and nine months ended July 31, 2023.
  • Homebuilding gross margin percentage, before cost of sales interest expense and land charges, was 23.2% during the fiscal 2023 third quarter compared with 20.9% in the fiscal 2023 second quarter and 26.3% in last year’s third quarter.
  • Income before income taxes for the third quarter of fiscal 2023 was $70.4 million compared with $46.1 million in the fiscal 2023 second quarter and $111.9 million in the third quarter of the prior fiscal year.
  • EBITDA was $104.5 million for the third quarter of fiscal 2023 compared with $86.6 million for the second quarter of fiscal 2023 and $145.5 million in the third quarter of the prior year.

Hovnanian Enterprises Announces Third Quarter Fiscal Year 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, August 16, 2023
HOV, Hovnanian Enterprises, NYSE, News, Broadcasting, Online shopping, Hovnanian

MATAWAN, N.J., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2023, the morning of Wednesday, August 30, 2023.

Key Points: 
  • MATAWAN, N.J., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2023, the morning of Wednesday, August 30, 2023.
  • The Company will webcast its third quarter earnings conference call at 11:00 a.m. (ET) on Wednesday, August 30, 2023.
  • The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ website at http://www.khov.com.
  • It is suggested that participants access the webcast event page at least five minutes before the live event.

Brazil and Mexico Outpace U.S. in CTV Adoption Rates, Amagi's Latest FAST Report Discovers

Retrieved on: 
Thursday, August 17, 2023
Smart TV, Software as a service, Streaming television, CTV Life Channel, AccuWeather, PAC-12, SVOD, The Roku Channel, CTV, HOV, Comscore, BeIN Sports, CTV 2 Atlantic, Magnite, Growth, Hour, Sport, Yoy, Weather, NBCUniversal, News, Roku, ABS-CBN, Renewable energy, Television, FAST, LATAM

Notably, both countries have outpaced the most mature Free Ad-supported Streaming TV (FAST) market globally, the U.S., which registered an 80.6% adoption rate.

Key Points: 
  • Notably, both countries have outpaced the most mature Free Ad-supported Streaming TV (FAST) market globally, the U.S., which registered an 80.6% adoption rate.
  • CTV Adoption and FAST Progression: Brazil and Mexico exhibit high CTV adoption rates (94% and 93% respectively) compared to the mature U.S market (80.6%).
  • Although SVOD remains popular, a steady increase in FAST adoption is observed in Brazil and Mexico.
  • As affordability and accessibility become key drivers, Brazil and Mexico emerge as vibrant hubs for FAST adoption," said Baskar Subramanian, CEO and co-founder of Amagi.

Brazil and Mexico Outpace U.S. in CTV Adoption Rates, Amagi's Latest FAST Report Discovers

Retrieved on: 
Thursday, August 17, 2023
Smart TV, Software as a service, Streaming television, CTV Life Channel, AccuWeather, PAC-12, SVOD, The Roku Channel, CTV, HOV, Comscore, BeIN Sports, CTV 2 Atlantic, Magnite, Growth, Hour, Sport, Yoy, Weather, NBCUniversal, News, Roku, ABS-CBN, Renewable energy, Television, FAST, LATAM

Notably, both countries have outpaced the most mature Free Ad-supported Streaming TV (FAST) market globally, the U.S., which registered an 80.6% adoption rate.

Key Points: 
  • Notably, both countries have outpaced the most mature Free Ad-supported Streaming TV (FAST) market globally, the U.S., which registered an 80.6% adoption rate.
  • CTV Adoption and FAST Progression: Brazil and Mexico exhibit high CTV adoption rates (94% and 93% respectively) compared to the mature U.S market (80.6%).
  • Although SVOD remains popular, a steady increase in FAST adoption is observed in Brazil and Mexico.
  • As affordability and accessibility become key drivers, Brazil and Mexico emerge as vibrant hubs for FAST adoption," said Baskar Subramanian, CEO and co-founder of Amagi.

SportsGrid Network 2023 Mid-Year HOV Viewership Increases 43%

Retrieved on: 
Thursday, August 17, 2023
HOV, Dan Abrams, Personality, Streaming television, FAST, Data, News, Television, LATAM

NEW YORK, Aug. 17, 2023 /PRNewswire/ -- SportsGrid Network's year-over-year HOV (hours of viewing) viewership increased 43% for the first and second quarters of 2023.

Key Points: 
  • NEW YORK, Aug. 17, 2023 /PRNewswire/ -- SportsGrid Network's year-over-year HOV (hours of viewing) viewership increased 43% for the first and second quarters of 2023.
  • The mid-year explosive viewership results demonstrate the SportsGrid passionate and loyal fan base is engaged with network's content, talent, dependable live format, and branded personality.
  • The viewership results position the SportsGrid Network as one of the top ranked FAST Sports channels according to Amagi Analytics.
  • Amagi Analytics provides FAST channels with a robust dataset of performance metrics on channel viewership and ad performance across devices and geographic dimensions.

The Shawn Carter Foundation & Robert Kraft's Foundation to Combat Antisemitism Collaborate On Initial $2 Million Fund To Stop The Spread of Book Bans

Retrieved on: 
Friday, July 21, 2023
Brooklyn Public Library, Digital divide, Hatred, Books Unbanned, Small business, Book, Partnership, Robert Kraft, Religion, Combat, Nazi Germany, Culture, BPL, Israeli Students Combating Antisemitism, History, Woman, American Library Association, Person, Sale, Creativity, HOV, The Holocaust, School, Human, Art, Central Branch, Knowledge, Racism, Library, The Absolutely True Diary of a Part-Time Indian, Behavior

NEW YORK, July 21, 2023 /PRNewswire/ -- Today, The Shawn Carter Foundation and Robert Kraft's Foundation to Combat Antisemitism kicked off its initiative to stop the nationwide book ban and protect educational freedom by collaborating on an initial $2 million fund. The partnership was announced last week and aims to preserve culture, expand diversity of thought, and protect the centers of knowledge and creativity in communities across the country by joining forces to stop the spread of all hate and to ensure history does not repeat itself.

Key Points: 
  • NEW YORK, July 21, 2023 /PRNewswire/ -- Today, The Shawn Carter Foundation and Robert Kraft's Foundation to Combat Antisemitism kicked off its initiative to stop the nationwide book ban and protect educational freedom by collaborating on an initial $2 million fund.
  • In that span, more than 1,400 individuals signed up for BPL library cards at the Central and Marcy libraries.
  • The Shawn Carter Foundation and Foundation to Combat Antisemitism originally announced plans to join forces to stop the nationwide book bans and protect educational freedom.
  • The Shawn Carter Foundation and the Foundation to Combat Antisemitism are proud to stand together to ensure that history will not repeat itself and to continue to fight the spread of all hate.