Q3 2023 Earnings

Revenue

$426M+2.7% YoY

Gross Profit

$200M46.9% margin

Operating Income

$135M31.7% margin

Net Income

$92M21.6% margin

EPS (Diluted)

$1.81

QoQ Revenue Growth

-0.4%

Operating Cash Flow

$121M

Free Cash Flow

$85M

Stock-Based Comp.

$11M

Total Assets

$2.2B

Total Liabilities

$2.2B

Stockholders' Equity

$72M

Cash & Equivalents

$36M

Metric	Current	Year Ago	Change
Revenue	$426M	$414M	+2.7%
Gross Profit	$200M	$211M	-5.2%
Operating Income	$135M	$145M	-6.9%
Net Income	$92M	$103M	-10.7%

Other Revenues From Franchised And Managed Properties

$218M51%

Royalty, Licensing And Management Fees

$149M35%

Owned Hotels

$26M6%

Platform and Procurement Services

$16M4%

Other Revenue Topic 606 And Not Topic 606

$11M3%

Initial Franchise Fees

$6M1%