secwatch.observer — SEC 8-K summary
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Issuer:     Sotherly Hotels Inc. (SOHOO)
CIK:        0001301236
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0000950170-24-026860
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sotherly Hotels Q4 2023 net loss $2.7M vs profit $3.1M; revenue up 2% to $42.1M
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- Q4 net loss attributable to common stockholders of $2.7M vs income of $3.1M in prior year.
- Q4 total revenue $42.1M, up 2% from $41.3M in Q4 2022.
- Q4 EBITDA fell to $8.5M from $14.8M; Hotel EBITDA $10.3M vs $11.9M.
- Q4 FFO per share $0.10 (vs $0.40); adjusted FFO per share $0.14 (vs $0.41).
- Full year 2023 net loss $4.0M vs net income $25.0M; revenue $173.8M up from $166.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1301236/000095017024026860/0000950170-24-026860-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1301236/000095017024026860/soho-20240306.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-026860

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