Innsuites Hospitality Trust (IHT), Company and Other News, second quarter 2018 earnings report

Loss Despite Sales Growth

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Innsuites Hospitality Trust announced second quarter 2018 operating deficit of $-0.213859 millions

Innsuites Hospitality Trust announced earnings per share of $-0.07 and Sales of $3 millions in the second quarter 2018, Company's posted loss per share, versus $0.96 eps, earned in the same quarter a year ago, although Innsuites Hospitality Trust saw it's Sales rise by 1.8 % in the same period.

In comparison to previous quarter increased losses from $-0.03 per share and Sales fell by -29.55 % from $3 millions.

For the second quarter 2018 Innsuites Hospitality Trust logged net loss of $-1 million, instead of net income of $9 millions achieved in the same quarter a year before.

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Loss Despite Sales Growth

Innsuites Hospitality Trust announced second quarter 2018 operating deficit of $-0.213859 millions

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