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Ashford: 2Q Earnings Snapshot

DALLAS — Ashford Inc. (AINC) on Thursday reported a loss of $8 million in its second quarter.

The Dallas-based company said it had a loss of $7.37 per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 12 cents per share.

The asset management company serving the hospitality industry posted revenue of $45.6 million in the period.

In the final minutes of trading on Thursday, the company’s shares hit $4.96. A year ago, they were trading at $34.31.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on AINC at