LuxUrban Hotels Inc. Announces 2024 First Quarter Financial Results [Yahoo! Finance]
LuxUrban Hotels Inc. (LUXH)
Company Research
Source: Yahoo! Finance
existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, today announced financial results for the first quarter ended March 31, 2024 ("Q1 2024"), including adjusted EBITDA, which is a non-GAAP measure and is accompanied by reconciliation tables in this release. The Company also announced that it will file its Form 10-Q with the Securities and Exchange Commission on May 13, 2024. "We reported Q1 2024 net rental revenue of $29.1 million, a 27.6% increase from last year's first quarter, and adjusted EBITDA of $2.5 million. Our bookings outlook as we enter the seasonally stronger spring and summer months is encouraging," said Shanoop Kothari, Chief Executive Officer. "We have taken a series of actions designed to stabilize our operations, refine our strategy, and align the business to market opportunities that we believe can deliver the best long-term value to our stakeholders. While some of these choices have been difficult, notably our de
Show less
Read more
Impact Snapshot
Event Time:
LUXH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LUXH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LUXH alerts
High impacting LuxUrban Hotels Inc. news events
Weekly update
A roundup of the hottest topics
LUXH
News
- LuxUrban Hotels Issues Letter to Shareholders from Chief Executive Officer Robert Arigo [Yahoo! Finance]Yahoo! Finance
- LuxUrban Hotels Issues Letter to Shareholders from Chief Executive Officer Robert ArigoGlobeNewswire
- LuxUrban Hotels Names Robert Arigo Chief Executive Officer [Yahoo! Finance]Yahoo! Finance
- LuxUrban Hotels Names Robert Arigo Chief Executive OfficerBusiness Wire
- LuxUrban Hotels Appoints Hotel Finance Executive Alexander Lombardo to Board of Directors [Yahoo! Finance]Yahoo! Finance
LUXH
Earnings
- 5/13/24 - Miss
LUXH
Sec Filings
- 6/20/24 - Form 8-K
- 6/17/24 - Form 8-K
- 6/17/24 - Form 4
- LUXH's page on the SEC website