Chatham Lodging Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 77.49 million compared to USD 75.76 million a year ago. Revenue was USD 84.48 million compared to USD 81.76 million a year ago. Net income was USD 9.14 million compared to USD 9.15 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.15 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.15 a year ago.
For the six months, sales was USD 139.16 million compared to USD 125.93 million a year ago. Revenue was USD 152.09 million compared to USD 136.65 million a year ago. Net income was USD 4.3 million compared to net loss of USD 0.294 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 0.09 a year ago.