SVC Q3 2023 Earnings — Service Properties Trust Revenue & Financial Results | Market Cap Arena

SVCService Properties Trust

$365M

Q3 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$497M-0.3% YoY

Gross Profit

$174M35.1% margin

Operating Income

$00.0% margin

Net Income

-$4M-0.8% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$73M

Free Cash Flow

$18M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.6B

Total Liabilities

$6.3B

Stockholders' Equity

$1.3B

Cash & Equivalents

$418M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$497M	$498M	-0.3%
Gross Profit	$174M	$180M	-3.2%
Operating Income	$0	$169M	-100.0%
Net Income	-$4M	$8M	-155.0%

Revenue Segments

Hotel Segment

$396M80%

Net Lease Segment

$101M20%