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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
KB Home reported Q2 revenue of $1.11 billion, a decrease from $1.53 billion a year earlier due to pressures in the U.S. housing market. Following these results, the company narrowed its full-year financial outlook. Despite the drop in revenue, shares of the company rose following the announcement of the financial results in June 2023.