Ashford Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
August 13, 2024 at 04:03 pm EDT
Ashford Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported revenue was USD 211.4 million compared to USD 192.71 million a year ago. Net loss was USD 1.17 million compared to net income of USD 1.58 million a year ago. Basic loss per share from continuing operations was USD 3.24 compared to USD 2.41 a year ago. Diluted loss per share from continuing operations was USD 3.24 compared to USD 2.56 a year ago.
For the six months, revenue was USD 420.53 million compared to USD 377.83 million a year ago. Net income was USD 0.421 million compared to USD 2.89 million a year ago. Basic loss per share from continuing operations was USD 5.67 compared to USD 5 a year ago. Diluted loss per share from continuing operations was USD 5.67 compared to USD 5.1 a year ago.