secwatch.observer — SEC 8-K summary
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Issuer:     Sotherly Hotels Inc. (SOHOO)
CIK:        0001301236
Form:       8-K
Filed at:   2023-08-10T23:59:59+00:00
Accession:  0000950170-23-040926
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sotherly Hotels Q2 net income falls to $3.1M from $24.3M; revenue up 4%
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- Total revenue $49.0M, up 4% YoY from $47.2M.
- Net income attributable to common stockholders $3.1M ($0.16 diluted EPS) vs $24.3M ($1.32) in Q2 2022.
- Hotel EBITDA $14.8M, essentially flat vs $14.8M year-ago.
- Adjusted FFO per share and unit improved to $0.36 from $0.33 in Q2 2022.
- Six-month net income $2.6M ($0.13 diluted EPS) vs $21.8M ($1.20) in prior-year period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1301236/000095017023040926/0000950170-23-040926-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1301236/000095017023040926/soho-20230810.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-040926

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