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Sotherly Hotels reports Q4 earnings; initiates Q1 FY23 outlook

  • Sotherly Hotels press release (NASDAQ:SOHO): Q4 GAAP EPS of $0.17.
  • Revenue of $41.34M (+17.8% Y/Y) misses by $0.56M.
  • Fourth quarter hotel EBITDA finished at $11.9 million, which was a 46.8% increase over Q4 2021 and eclipsed Q4 2019 by 28.2%.

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