Portsmouth Square INC 10-Q quarterly reports
Quarterly reports, with unaudited financial statements and management’s discussion of the quarter just ended.
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Portsmouth Square, Inc. reported improved hotel operations for the third quarter of fiscal year 2026, with net income of $571,000 compared to a net loss of $712,000 in the prior year period.
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Portsmouth Square, Inc. reported a reduced net loss for the second quarter and first six months of fiscal 2026, driven by significant hotel revenue growth and successful debt refinancing.
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Portsmouth Square reported a wider net loss in Q1 2026, driven by increased operating expenses, despite a slight revenue increase at its San Francisco hotel.
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Portsmouth Square Inc. reports a reduced net loss for the quarter ended March 31, 2025, driven by increased hotel revenues and debt refinancing, despite persistent challenges in the San Francisco hospitality market.
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Portsmouth Square Inc. reports a net loss for the quarter ended December 31, 2024, and is actively working to refinance its senior mortgage and mezzanine loans due to maturity issues.
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Portsmouth Square Inc. reported a net loss of $1.872 million for the quarter ending September 30, 2024, despite a revenue increase, primarily due to higher interest expenses.
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Portsmouth Square Inc. reported a net loss of $2.871 million for the three months ended March 31, 2024, an increase compared to a net loss of $1.057 million for the same period in 2023, primarily due to increased interest expenses and operating costs.
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Portsmouth Square Inc. reported a net loss of $2.566 million for the three months ended December 31, 2023, and faces substantial doubt about its ability to continue as a going concern due to maturing debt.