MATAWAN, N.J. (AP) _ Hovnanian Enterprises Inc. (HOV) on Thursday reported fiscal third-quarter net income of $15.4 million, after reporting a loss in the same period a year earlier.

The Matawan, New Jersey-based company said it had net income of $2.16 per share. Earnings, adjusted to extinguish debt, came to $1.96 per share.

The homebuilder posted revenue of $628.1 million in the period.

Hovnanian shares have increased 64% since the beginning of the year. The stock has more than quadrupled 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 HOV at https://www.zacks.com/ap/HOV

Automated Insights, source Associated Press News