INN Q1 2020 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena

INNSummit Hotel Properties, Inc.

$441M

Q1 2020 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$108M-22.0% YoY

Gross Profit

$30M27.4% margin

Operating Income

-$5M-4.9% margin

Net Income

-$15M-14.1% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

-19.0%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$7M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.2B

Stockholders' Equity

$1.1B

Cash & Equivalents

$131M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$108M	$139M	-22.0%
Gross Profit	$30M	$55M	-46.3%
Operating Income	-$5M	$23M	-123.4%
Net Income	-$15M	$13M	-219.0%

Revenue Segments

Occupancy

$99M91%

Hotel, Other

$5M5%

Food and Beverage

$5M5%