Sotherly Hotels Q3 net loss widens to $0.29/share; revenue up 3.9% to $40.7M

Sotherly Hotels Inc.

2024-Q3 EPS reported -$0.19 revenue$40,699,981

Net loss attributable to common stockholders was $5.6M ($0.29 diluted EPS) vs $3.9M ($0.20) in Q3 2023.
Total revenue $40.7M, up 4% from $39.2M in prior-year quarter.
Adjusted FFO per share/unit was -$0.02 vs $0.00 in Q3 2023.
Hotel EBITDA increased to $8.1M from $7.6M year-over-year.
Nine-month 2024 net loss totals $3.6M vs $1.4M in first nine months of 2023.

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