Ashford Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 178.41 million compared to USD 128.6 million a year ago. Net loss was USD 1.8 million compared to net income of USD 4.13 million a year ago. Basic loss per share from continuing operations was USD 3.65 compared to USD 1.79 a year ago. Diluted loss per share from continuing operations was USD 3.65 compared to USD 1.79 a year ago.
For the full year, revenue was USD 644.43 million compared to USD 384.57 million a year ago. Net income was USD 3.65 million compared to net loss of USD 9.93 million a year ago. Basic loss per share from continuing operations was USD 11.26 compared to USD 16.68 a year ago. Diluted loss per share from continuing operations was USD 11.26 compared to USD 16.68 a year ago.