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INN Q4 2023 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena
INN
Summit Hotel Properties, Inc.
$452M
Q4 2023 Earnings
Real Estate
REIT - Hotel & Motel
Income Statement
Revenue
$177M
+3.0% YoY
Gross Profit
$62M
35.1% margin
Operating Income
$428,000
0.2% margin
Net Income
-$12M
-6.7% margin
EPS (Diluted)
$-0.11
QoQ Revenue Growth
-2.4%
Cash Flow
Operating Cash Flow
$30M
Free Cash Flow
$4M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$2.9B
Total Liabilities
$1.5B
Stockholders' Equity
$911M
Cash & Equivalents
$38M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$177M
$172M
+3.0%
Gross Profit
$62M
$62M
+0.4%
Operating Income
$428,000
$7M
-93.6%
Net Income
-$12M
-$7M
-62.5%
← FY 2023
All Quarters
Q1 2024 →