The New Home Co. (NWHM) on Friday reported third-quarter earnings of $5.5 million.

The Aliso Viejo, California-based company said it had profit of 27 cents per share.

The homebuilder posted revenue of $177.9 million in the period.

New Home shares have declined 25 percent since the beginning of the year. The stock has decreased 33 percent in the last 12 months.