PHOENIX (AP) _ Cavco Industries Inc. (CVCO) on Thursday reported fiscal first-quarter profit of $27 million.

On a per-share basis, the Phoenix-based company said it had net income of $2.92.

The homebuilder posted revenue of $330.4 million in the period.

Cavco shares have risen 37% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $239.91, a rise of 16% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVCO at https://www.zacks.com/ap/CVCO

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