secwatch.observer — SEC 8-K summary
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Issuer:     Sotherly Hotels Inc. (SOHOO)
CIK:        0001301236
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0000950170-23-020796
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sotherly Hotels Q1 2023: Revenue $43.5M, net loss narrows to $0.03/share
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- Total revenue $43.5M, up 13% YoY from $38.4M; down 8% vs Q1 2019's $47.4M.
- Net loss attributable to common stockholders $582K ($0.03 per share), improved from $2.5M loss in Q1 2022.
- Adjusted FFO per share and unit $0.24 (up from $0.07); FFO $0.20 (up from $0.10).
- Hotel EBITDA $12.1M (27.8% margin) vs $10.0M (26.0% margin) in prior-year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1301236/000095017023020796/0000950170-23-020796-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1301236/000095017023020796/soho-20230511.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-020796

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer