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2016 News Releases

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12/01/16UCP Elects Eric H. Speron to Board of Directors
SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 1, 2016-- UCP, Inc. (NYSE:UCP) today announced that its Board of Directors has elected Eric H. Speron as a new director, effective December 12, 2016. Mr. Speron has over 16 years of management and advisory experience across the financial services industry. Since January 2016, Mr. Speron has also served as a member of the Board of Directors of PICO Holdings, Inc. (Nasdaq: PICO), which is UCP’s controlling stockholde... 
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10/31/16UCP Reports Third Quarter 2016 Results
- Delivered Net Income of $0.16 Per Share, Including $0.09 of Net One-time Expenses - - Revenue from Homebuilding Operations Increased 27.8% to $89.8 million - - Net New Home Orders Grew 14.4% to 247 - - Homes in Backlog Grew 34.4% to 387 homes with a value of $157.2 million - - Repurchased $1.0 million of Class A Common Stock since June 2016 - SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 31, 2016-- UCP... 
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10/14/16UCP Announces Proposed Offering of Senior Notes Due 2021
SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 14, 2016-- UCP, Inc. (NYSE:UCP) announced today that its primary operating subsidiary, UCP, LLC, and UCP Finance Corp., a wholly-owned finance subsidiary (together with UCP, LLC, the “Issuers”), intend to commence a private offering of $200.0 million aggregate principal amount of their Senior Notes due 2021 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by certain ... 
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10/10/16UCP to Host Third Quarter 2016 Earnings Conference Call
SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 10, 2016-- UCP, Inc. (NYSE: UCP) today announced that it will release its financial results for the third quarter ending September 30, 2016 before the market opens on Monday, October 31, 2016, and will subsequently host a conference call for investors and other interested parties beginning at 12:00 p.m. Eastern Time, 9:00 a.m. Pacific Time. The conference call will be hosted by Dustin Bogue, Chief Executive Officer... 
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10/10/16Benchmark Communities Names Karen Becker Vice President of Marketing
- Brings More Than 20 Years' Marketing Experience Across Multiple Industries SAN JOSE – October 10, 2016 – Benchmark Communities ("Benchmark") today announced that it has named Karen Becker as Vice President of Marketing, effective immediately. Ms. Becker, who has held executive marketing positions for public and private companies over the last 20 years, will be responsible for implementing and overseeing Benchmark's marketing and branding efforts. "Over the course of her career, Karen has p... 
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08/01/16UCP Reports Second Quarter 2016 Results
- Net Income Improved to $0.09 Per Share - - Revenue from Homebuilding Increased 60.3% to $81.4 million - - Homebuilding Gross Margin Expanded 110 basis points to 18.2% - - Adjusted Homebuilding Gross Margin Expanded 170 basis points to 20.7% - - Net New Home Orders Grew 11.2% to 229 - SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 1, 2016-- UCP, Inc. (NYSE: UCP) today announced its results of operations for the ... 
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07/18/16UCP To Host Second Quarter 2016 Earnings Conference Call
SAN JOSE, Calif.--(BUSINESS WIRE)--Jul. 18, 2016-- UCP, Inc. (NYSE:UCP) today announced that it will release its financial results for the second quarter ending June 30, 2016 before the market opens on Monday, August 1, 2016, and will subsequently host a conference call for investors and other interested parties beginning at 12:00 p.m. Eastern Time, 9:00 a.m. Pacific Time. The conference call will be hosted by Dustin Bogue, Chief Executive Officer, and J... 
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06/06/16UCP Announces Stock Repurchase Program
SAN JOSE, Calif.--(BUSINESS WIRE)--Jun. 6, 2016-- UCP, Inc. (NYSE:UCP) (the “Company”) today announced that its board of directors has authorized a stock repurchase program. Under the program, the Company may purchase up to $5.0 million of its Class A common stock beginning June 1, 2016 and ending June 1, 2018. Purchases under the program may be made in the open market or through privately negotiated transactions from time to time as permitted by federal... 
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05/09/16UCP Reports First Quarter 2016 Results
- Net Income Improved to $0.01 Per Share - - Revenue from Homebuilding Increased 60.0% to $68.2 million - - Adjusted Homebuilding Gross Margin Expanded 130 basis points to 19.9% - SAN JOSE, Calif.--(BUSINESS WIRE)--May 9, 2016-- UCP, Inc. (NYSE: UCP) today announced its results of operations for the three months ended March 31, 2016. First Quarter 2016 Highlights Compared to First Quarter 2015 ... 
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04/19/16UCP to Host First Quarter 2016 Earnings Conference Call
SAN JOSE, Calif.--(BUSINESS WIRE)--Apr. 19, 2016-- UCP, Inc. (NYSE:UCP) today announced that it will release its financial results for the first quarter ending March 31, 2016 before the market opens on Monday, May 9, 2016, and will subsequently host a conference call for investors and other interested parties beginning at 12:00 p.m. Eastern Time, 9:00 a.m. Pacific Time. The conference call will be hosted by Dustin Bogue, Chief Executive Officer, and Jame... 
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03/14/16UCP Reports Fourth Quarter and Full Year 2015 Results
- Net Income Increases to $0.40 Per Share in Fourth Quarter 2015 - - Higher Revenue, Improved Gross Margin, Significant SG&A Leverage Drive Enhanced Earnings in Full Year 2015 - SAN JOSE, Calif.--(BUSINESS WIRE)--Mar. 14, 2016-- UCP, Inc. (NYSE:UCP) today announced its results of operations for the three months and full year ended December 31, 2015. Fourth Quarter 2015 Highlights Compared to Fourth Quarter 2014 ... 
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03/01/16UCP to Host Fourth Quarter and Full Year 2015 Earnings Conference Call
SAN JOSE, Calif.--(BUSINESS WIRE)--Mar. 1, 2016-- UCP, Inc. (NYSE:UCP) today announced that it will release its financial results for the fourth quarter and full year ending December 31, 2015 before the market opens on Monday, March 14, 2016, and will subsequently host a conference call for investors and other interested parties beginning at 12:00 p.m. Eastern Time, 9:00 a.m. Pacific Time. The conference call will be hosted by Dustin Bogue, Chief Executi... 
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01/19/16UCP Hires James M. Pirrello as Chief Financial Officer
SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 19, 2016-- UCP, Inc., (NYSE:UCP) today announced that James M. Pirrello has joined the company as its Chief Financial Officer, effective January 15, 2016. Mr. Pirrello brings over 30 years of financial and operating experience at public and large regional homebuilders. Mr. Pirrello will lead all aspects of UCP’s finance, accounting, SEC reporting and capital markets functions, as part of UCP’s executive mana... 
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