INN Q2 2018 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena

INNSummit Hotel Properties, Inc.

$441M

Q2 2018 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$152M+18.0% YoY

Gross Profit

$63M41.6% margin

Operating Income

$27M18.0% margin

Net Income

$38M24.7% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

$23M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.0B

Stockholders' Equity

$1.2B

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$152M	$129M	+18.0%
Gross Profit	$63M	$83M	-23.7%
Operating Income	$27M	$25M	+11.9%
Net Income	$38M	$34M	+10.6%