Ashford Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 164.61 million compared to USD 108.19 million a year ago. Net loss was USD 0.989 million compared to USD 0.163 million a year ago. Basic loss per share from continuing operations was USD 3.38 compared to USD 3.31 a year ago. Diluted loss per share from continuing operations was USD 3.38 compared to USD 3.64 a year ago.
For the nine months, revenue was USD 466.02 million compared to USD 255.97 million a year ago. Net income was USD 5.44 million compared to net loss of USD 14.06 million a year ago. Basic loss per share from continuing operations was USD 7.59 compared to USD 14.93 a year ago. Diluted loss per share from continuing operations was USD 7.64 compared to USD 14.93 a year ago.