Q1 2024 Earnings

Revenue

$332M-0.3% YoY

Gross Profit

$161M48.5% margin

Operating Income

$60M18.1% margin

Net Income

$31M9.3% margin

EPS (Diluted)

$0.62

QoQ Revenue Growth

-7.4%

Operating Cash Flow

$2M

Free Cash Flow

-$31M

Stock-Based Comp.

$11M

Total Assets

$2.5B

Total Liabilities

$2.5B

Stockholders' Equity

$7M

Cash & Equivalents

$42M

Metric	Current	Year Ago	Change
Revenue	$332M	$333M	-0.3%
Gross Profit	$161M	$147M	+9.5%
Operating Income	$60M	$78M	-22.7%
Net Income	$31M	$53M	-41.3%

Other Revenues From Franchised And Managed Properties

$165M50%

Royalty, Licensing And Management Fees

$105M32%

Owned Hotels

$25M8%

Other Revenue Topic 606 And Not Topic 606

$16M5%

Platform and Procurement Services

$14M4%

Initial Franchise Fees

$7M2%