Centex Corp. says it narrowed its loss in the fiscal second-quarter from the prior-year period, but the homebuilder saw revenue and new home orders plunge as dismal market conditions continued.The Dallas-based company said Tuesday it lost $171.9 million, or $1.38 a share, in the three months ended Sept. 30. That compares with a loss of $643.8 million, or $5.26 a share, in the same period last year.
Revenue dropped 54 percent to $1.01 billion from $2.22 billion last year.
Analysts polled by Thomson Reuters had expected a loss of 94 cents a share on revenue of about $1.3 billion.
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