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Service Properties Trust T.SVC


Primary Symbol: SVC

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.


NDAQ:SVC - Post by User

Post by 1hot-techwomanon Oct 12, 2016 7:06pm
364 Views
Post# 25337245

4 Profitable years (16 Q's)..plus large order funnel ahead !

4 Profitable years (16 Q's)..plus large order funnel ahead !So what are we at only $3.06 ?? Sandvine's revenue for the first quarter was US$26.1 million. For the year-to-date we have grown revenue 6%. We believe that Q3 revenue reflects the seasonality that appears to be typical in our business. For the second quarter in a row and second time in our history, we had no 10% plus customers. We see some large deals in our funnel and fully expect that such opportunities will be a big part of our growth ahead but we are pleased with this ongoing diversification of our revenue. Overall, we remain enthusiastic about the size and quality of our funnel. Our gross margin remains strong and EBITDA was $3.8 million or 15% of revenue. We have been profitable on a GAAP or IFRS basis for 16 consecutive quarters or four years. For the year-to-date, EBITDA is 21% of revenue. We won 9 new customers during Q3. We have won more new customers in 2016 than we did for all of last year.
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