Service Properties Trust reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 99.45 million compared to USD 96.79 million a year ago. Revenue was USD 503.78 million compared to USD 515.78 million a year ago. Net loss was USD 11.28 million compared to net income of USD 11.35 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to basic earnings per share from continuing operations of USD 0.07 a year ago.
For the six months, sales was USD 193.87 million compared to USD 193.15 million a year ago. Revenue was USD 932.99 million compared to USD 909.54 million a year ago. Net income was USD 14.67 million compared to net loss of USD 108.47 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to basic loss per share from continuing operations of USD 0.66 a year ago.