Sotherly Hotels Q3 net loss of $3.9M vs prior-year profit; FFO per share $0.00

Sotherly Hotels Inc.

2023-Q3 EPS reported -$0.08 revenue$39,181,363

Total revenue $39.2M, essentially flat YoY from $39.2M.
Net loss attributable to common stockholders of $3.9M vs income of $0.1M in Q3 2022.
Net loss per diluted share ($0.20) vs earnings of $0.01.
EBITDA fell to $6.5M from $10.9M; Hotel EBITDA $7.6M vs $9.8M.
FFO attributable to common stockholders and unitholders $0.09M (per share $0.00) vs $3.43M ($0.18).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.94

Sotherly Hotels Inc. reported the quarter ended September 30, 2023 results: revenue Total revenue $ 39,181, net income Net (loss) income attributable to common stockholders (3,904 ), EPS Net (loss) income per common share - diluted $ (0.20 ).

Period: the quarter ended September 30, 2023
Revenue: Total revenue $ 39,181
Net income: Net (loss) income attributable to common stockholders (3,904 )
EPS: Net (loss) income per common share - diluted $ (0.20 )
Result: reported results

Exact text from the filing

Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 ($ in thousands except per share data) ($ in thousands except per share data) Total revenue $ 39,181 $ 39,213 $ 131,690 $ 124,736 Net (loss) income attributable to common stockholders (3,904 ) 113 (1,353 ) 21,874 EBITDA 6,539 10,874 30,589 57,878 Hotel EBITDA 7,567 9,823 34,488

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Source: SEC EDGAR

accession 0000950170-23-061492

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