Service Properties Trust T.SVC

Primary Symbol: SVC

Real Estate REIT - Diversified

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.

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Service Properties Trust

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Post by 1hot-techwomanon Jul 11, 2014 7:09am

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Post# 22735688

Q2 Numbers beat Scotia's expectations :)

.Recent Update Text as of 6JUL14 Sandvine is scheduled to report Q2 earnings before markets open on Thursday,

. July 10. A call is scheduled for 8:30 a.m. at 866-215-5508. Expect 20%+ revenue growth to continue driving top line of $29.2M, EPS of $0.03.

We expect YOY growth to remain strong at 24%; however, due to a less favourable

product mix, compared to Q1, gross margin is expected to fall 400bps from last

quarter's inflated levels to 74.5% and more in line with the historical norm.

EPS is expected to decrease $0.02 sequentially on lower revenue and gross

margin. Cash generation is expected to remain strong in the quarter as both

earnings and favourable working capital flows are likely to increase net cash

$5.5M to $126M or $0.85/share.

Sandvine reports Q2 2014 results

WATERLOO, ON, July 10, 2014 /CNW/ - Sandvine, (TSX:SVC) a leading provider of intelligent network policy control solutions for fixed and mobile operators, today reported revenue of $29.7 million for its second quarter of 2014, net income of $4.4 million and non-IFRS income of $4.8 million. All results are reported in U.S. dollars under International Financial Reporting Standards (IFRS), unless otherwise specified.

Other Q2 2014 highlights:

Revenue growth: up 26% compared to Q2 2013
Revenue by access technology market: wireless 39%; DSL 33%; cable 28%
Revenue by geography: NA 37%; EMEA 31%; APAC 20%; CALA 12%
Revenue by sales channel: reseller 58%; direct 42%
Gross margin: 76%
Cash: Cash, cash equivalents and short-term investments balance: $144.6 million
Customers: Won 7 new service provider customers