AINC - Ashford Non-GAAP EPS of $2.24 revenue of $133.85M

Ashford press release (NYSE:AINC): Q4 Non-GAAP EPS of $2.24. Revenue of $133.85M (+115.5% Y/Y). Adjusted EBITDA for the quarter was $19.5 million, reflecting a 174% growth rate over the prior year quarter. Adjusted EBITDA for the full year was $48.4 million, reflecting a 64% growth rate over the prior year. At the end of the fourth quarter, the Company had approximately $7.8 billion of gross assets under management. At the end of the fourth quarter, the Company’s advised REITs had total net working capital of $858 million.

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Ashford Non-GAAP EPS of $2.24, revenue of $133.85M