Getting your player ready...
The first-quarter loss for Denver-based MDC Holdings Inc. narrowed less than analysts expected as the company slid back into the red just one quarter after posting its first profit since 2006.
Meanwhile, orders rose from a year earlier for the fourth consecutive quarter, increasing 38 percent.
MDC reported a loss of $20.9 million, or 45 cents a share, compared with a year- earlier loss of $40.9 million, or 88 cents a share, which included $29.9 million in write- downs. Revenue dropped 16 percent to $147.1 million.
