Supertel Hospitality (SPPR) Reports Q1 Loss of $0.09/Share
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Supertel Hospitality Reports 2015 First Quarter Results
May 7, 2015 4:18 PM EDTNORFOLK, NE -- (Marketwired) -- 05/07/15 -- Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), today announced its results for the first quarter ended March 31, 2015.Â
2015 First Quarter HighlightsÂ
Property Operating Income (POI) from hotels in continuing operations in the first quarter was $2.4 million compared to $1.5 million the prior year, an increase of 60.6 percent.Reported net earnings attributable to common shareholders of $2.3 million, compared to a loss of $(1.4) million for the 2014 first quarter. Revenue from continuing operations... More