Summit Hotel Properties
full year highlights summit | Summit Hotel Properties
Company
Deck Type
Sector
Industry
Deck date
March 2023
Slide
4 of 32
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we expect non expense as a percent of collections to be approximately for the full year this reflects leverage we expect to gain over and includes the additional talent we have brought on board to and in recent months we expect non a expense as a percent of collections to be approximately for the full year reflecting the ongoing growth of our business and additional a expenses we have incurred this year we now expect share based compensation expense for the full year of approximately to million as our stock price has increased and our has grown we have incurred more equity compensation expense than we originally projected we now expect capital expenditures of roughly million which accounts for the build out of additional space to accommodate our growing we expect our basic share count to be approximately to million shares outstanding and our fully diluted share count will be roughly to million shares outstanding at year end slightly lower than we originally guided looking ahead to we expect the same drivers in will fuel growth in improved conversion from new products and continued improvements to existing products continued execution of our marketing strategy and increasing momentum in our brand as has been our practice we will provide specific guidance on revenue collections and free cash flow for during our earnings call in | Wix
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