INN Q1 2021 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena

INNSummit Hotel Properties, Inc.

$452M

Q1 2021 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$58M-46.6% YoY

Gross Profit

$8M13.3% margin

Operating Income

-$25M-43.6% margin

Net Income

-$31M-54.2% margin

EPS (Diluted)

$-0.30

QoQ Revenue Growth

+20.0%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.2B

Stockholders' Equity

$939M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$108M	-46.6%
Gross Profit	$8M	$30M	-74.0%
Operating Income	-$25M	-$5M	-372.1%
Net Income	-$31M	-$15M	-104.7%

Revenue Segments

Occupancy

$53M92%

Hotel, Other

$4M6%

Food and Beverage

$1M2%