Investor's Business Daily - The homebuilder's Q1 loss widened to $1.19 a share, missing views by 92 cents, on fewer deliveries and orders. Revenue sank 25% to $196.9 mil, also below views. Net orders fell 32%, and homes delivered fell 28%. KB Home said it was encouraged by higher traffic at the beginning of the spring selling season. It may have to pay $180 mil or more for accrued and unpaid interest and attorneys' fees related to a development project. Shares fell 4.2% to 11.69.
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