INN Q2 2020 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena

INNSummit Hotel Properties, Inc.

$441M

Q2 2020 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$25M-82.2% YoY

Gross Profit

-$10M-39.4% margin

Operating Income

-$43M-168.7% margin

Net Income

-$50M-198.2% margin

EPS (Diluted)

$-0.48

QoQ Revenue Growth

-76.5%

Cash Flow

Operating Cash Flow

-$28M

Free Cash Flow

-$33M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.2B

Stockholders' Equity

$1.1B

Cash & Equivalents

$125M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$143M	-82.2%
Gross Profit	-$10M	$60M	-116.8%
Operating Income	-$43M	$59M	-172.3%
Net Income	-$50M	$49M	-203.0%

Revenue Segments

Occupancy

$24M94%

Hotel, Other

$1M5%

Food and Beverage

$248,0001%