Sotherly Hotels Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
For the nine months, sales was USD 87.92 million compared to USD 83.51 million a year ago. Revenue was USD 131.69 million compared to USD 124.74 million a year ago. Net income was USD 4.63 million compared to USD 27.45 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to basic earnings per share from continuing operations of USD 1.24 a year ago. Diluted loss per share from continuing operations was USD 0.08 compared to diluted earnings per share from continuing operations of USD 1.2 a year ago.