Portsmouth Square FY26 Q3 net income turns to $0.57 million; revenue rises 35% to $16.5 million
InterGroup Corporation INTG | 0.00 | |
PORTSMOUTH SQUARE INC PRSI | 0.00 |
- Portsmouth Square reported fiscal third-quarter results with GAAP net income of $0.57 million, swinging from a loss a year earlier, as revenue climbed 35% to $16.5 million.
- Hotel operating income before interest, depreciation and amortization rose to $5.12 million; ADR increased to $306 while occupancy rose 5 percentage points to 94%.
- Net income from hotel operations was $0.88 million, returning to profit from a loss a year earlier, while segment operating expenses increased to $10.12 million.
- Management cited stronger midweek business travel, Super Bowl-driven February demand, and incremental room availability following the return of a limited number of guestrooms to inventory in September 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Portsmouth Square Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-022217), on May 11, 2026, and is solely responsible for the information contained therein.
