INNSummit Hotel Properties, Inc.

$441M

Q3 2020 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$52M-60.8% YoY

Gross Profit

$6M10.8% margin

Operating Income

-$26M-50.1% margin

Net Income

-$35M-65.9% margin

EPS (Diluted)

$-0.33

QoQ Revenue Growth

+106.1%

Cash Flow

Operating Cash Flow

-$560,000

Free Cash Flow

-$4M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.2B

Stockholders' Equity

$1.0B

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$134M	-60.8%
Gross Profit	$6M	$52M	-89.0%
Operating Income	-$26M	$19M	-236.6%
Net Income	-$35M	$12M	-399.5%

Revenue Segments

Occupancy

$49M93%

Hotel, Other

$3M6%

Food and Beverage

$628,0001%

INN Q3 2020 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena