• Beazer Homes Inc. came in with a third-quarter report that narrowed its loss from 80 cents a share to 40 while closings were up 40% from the previous quarter.
• Beazer's reduction in the losses it has suffered because of the housing collapse were significant, and the company showed inventory impairment charges of $5.8 million versus $6.9 million a year ago.
• Revenue was up 47% to $254.6 million in the quarter ended June 30, Beazer reported.

From the article:

Beazer Homes USA Inc. BZH +4.49% narrowed its fiscal third-quarter loss as the home builder reported more closings, new orders and higher home prices, though results came in lower than expected. ...