TA earnings

TravelCenters of America Inc. (NASDAQ:TA) today announced financial results for the quarter ended March 31, 2023. First Quarter 2023 Highlights: Net loss of $6.3 million as compared to net income of $16.3 million, and adjusted net loss of $3.4 million as compared to $15.2 million in the prior year period. Adjusted EBITDA of $32.0 million decreased $23.4 million or 42.2%, as compared to the prior year period. Adjusted EBITDAR was $96.7 million. Cash and cash equivalents of $385.9 million and availability under TA's revolving credit facility of $158.2 million for total liquidity of $544.1 million as of March 31, 2023. The following table presents detailed results for TA's

Net Loss of $(0.19) Per Common Share 159% Increase in Normalized FFO to $0.44 Per Common Share 27% Increase in Adjusted EBITDAre to $150.5 Million Completes $610.2 Million Secured Financing Agrees to Amend Lease Terms upon Completion of BP's Acquisition of TravelCenters of America Inc. Service Properties Trust (NASDAQ:SVC) today announced its financial results for the quarter ended December 31, 2022. Todd Hargreaves, President and Chief Investment Officer of SVC, made the following statement: "We are encouraged by the improved hotel fundamentals that we experienced throughout 2022 and expect that further progress will occur in 2023. Comparable hotel RevPAR for the fourth quarter incr

TravelCenters of America Inc. (NASDAQ:TA) today announced financial results for the three months and year ended December 31, 2022. Fourth Quarter 2022 Highlights: Net income of $46.8 million increased by $34.0 million, or 266.0%, and adjusted net income of $44.6 million improved by $31.4 million, or 238.1%, as compared to the prior year period. Adjusted EBITDA of $99.2 million increased by $46.3 million, or 87.5%, as compared to the prior year period. Adjusted EBITDAR was $164.2 million. Cash and cash equivalents of $416.0 million and availability under TA's revolving credit facility of $166.0 million for total liquidity of $582.0 million as of December 31, 2022. The following ta

Company Delivers Continued Financial Improvement Over Prior Year Period $37.0 Million in Net Income Improved by $14.8 Million, or 67% $2.49 in Net Income Per Share Improved by $0.97 $88.6 Million in Adjusted EBITDA Increased by $23.4 Million, or 36% TravelCenters of America Inc. (NASDAQ:TA) today announced financial results for the quarter ended September 30, 2022. Jonathan M. Pertchik, TA's Chief Executive Officer, made the following statement regarding the 2022 third quarter results: "TA delivered another strong quarter, demonstrating continued resilience and strength in our business resulting in a 67% increase in net income and a 36% improvement in Adjusted EBITDA. TA has completed

TravelCenters of America Inc. (NASDAQ:TA) today announced that it will issue a press release containing its third quarter 2022 financial results after the Nasdaq closes on Tuesday, November 1, 2022. On Wednesday, November 2, 2022 at 10:00 a.m. Eastern Time, Chief Executive Officer Jonathan Pertchik, President Barry Richards and Chief Financial Officer and Treasurer Peter Crage will host a conference call to discuss these results. The conference call telephone number is (877) 329-4614. Participants calling from outside the United States and Canada should dial (412) 317-5437. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior t

Company Outperforms Over Prior Year Period $64.0 Million in Net Income Improved by $35.0 Million, or 121% $4.31 in Net Income Per Share Improved by $2.29 67% Increase in Adjusted EBITDA to $122.8 Million TravelCenters of America Inc. (NASDAQ:TA) today announced financial results for the quarter ended June 30, 2022. Jonathan M. Pertchik, TA's Chief Executive Officer, made the following statement regarding the 2022 second quarter results: "TA has outperformed for another quarter on key financial measures reinforcing the resilience and strength of its business model. For the second quarter, net income improved by 121%, or to $4.31 per share, and Adjusted EBITDA increased by 67% over the

TravelCenters of America Inc. (NASDAQ:TA) today announced that it will issue a press release containing its second quarter 2022 financial results after the Nasdaq closes on Monday, August 1, 2022. On Tuesday, August 2, 2022 at 10:00 a.m. Eastern Time, Chief Executive Officer Jonathan Pertchik, President Barry Richards and Chief Financial Officer and Treasurer Peter Crage will host a conference call to discuss these results. The conference call telephone number is (877) 329-4614. Participants calling from outside the United States and Canada should dial (412) 317-5437. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the

$16.3 Million in Net Income Improved by $22.0 Million $1.10 in Net Income Per Share Improved by $1.50 93.5% Increase in Adjusted EBITDA to $55.4 Million 7.1% Increase in Nonfuel Gross Margin to $295.3 Million TravelCenters of America Inc. (NASDAQ:TA) today announced financial results for the quarter ended March 31, 2022. Jonathan M. Pertchik, TA's Chief Executive Officer, made the following statement regarding the 2022 first quarter results: "TA's strong first quarter resulted in substantial improvement in net income and adjusted EBITDA over the prior year quarter demonstrating continued progress in executing our transformation plan and success in driving top line growth while keeping co

TravelCenters of America Inc. (NASDAQ:TA) today announced that it will issue a press release containing its first quarter 2022 financial results after the Nasdaq closes on Monday, May 2, 2022. On Tuesday, May 3, 2022 at 10:00 a.m. Eastern Time, Chief Executive Officer Jonathan Pertchik, President Barry Richards and Chief Financial Officer and Treasurer Peter Crage will host a conference call to discuss these results. The conference call telephone number is (877) 329-4614. Participants calling from outside the United States and Canada should dial (412) 317-5437. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the schedul

Company Delivers Solid Financial Improvement over Prior Year Net Income Increased 278% for the 2021 Fourth Quarter Over Prior Year Period Net Income Increased 490% for the Full Year Over Prior Year Period Adjusted EBITDA Increased 48% for the 2021 Fourth Quarter Over Prior Year Period TravelCenters of America Inc. (NASDAQ:TA) today announced financial results for the three months and year ended December 31, 2021. Jonathan M. Pertchik, TA's Chief Executive Officer, made the following statement regarding the 2021 fourth quarter results: "During the fourth quarter, the quality and resilience of TA's business model has demonstrated yet again our ability to achieve improved profitability a

TravelCenters of America Inc. (NASDAQ:TA) today announced that it will issue a press release containing its fourth quarter 2021 financial results after the Nasdaq closes on Tuesday, February 22, 2022. On Wednesday, February 23, 2022 at 10:00 a.m. Eastern Time, Chief Executive Officer Jonathan Pertchik, President Barry Richards and Chief Financial Officer and Treasurer Peter Crage will host a conference call to discuss these results. The conference call telephone number is (877) 329-4614. Participants calling from outside the United States and Canada should dial (412) 317-5437. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prio

Company Delivers Continued Financial Improvement Over Prior Year Net Income of $22.2 Million Improved $13.5 Million Over Prior Year Net Income Per Share of Common Stock Attributable to Common Stockholders of $1.52 Improved $0.91 Over Prior Year Adjusted EBITDA of $65.2 Million Improved $14.1 Million, or 27.7%, Over Prior Year Adjusted EBITDAR of $129.1 Million Improved $14.1 Million, or 12.2%, Over Prior Year TravelCenters of America Inc. (NASDAQ:TA) today announced financial results for the quarter ended September 30, 2021. Jonathan M. Pertchik, TA's Chief Executive Officer, made the following statement regarding the 2021 third quarter results: "TA's strong operating results

TravelCenters of America Inc. (NASDAQ:TA) today announced that it will issue a press release containing its third quarter 2021 financial results after the Nasdaq closes on Monday, November 1, 2021. On Tuesday, November 2, 2021 at 10:00 a.m. Eastern Time, Chief Executive Officer Jonathan Pertchik, President Barry Richards and Chief Financial Officer and Treasurer Peter Crage will host a conference call to discuss these results. The conference call telephone number is (877) 329-4614. Participants calling from outside the United States and Canada should dial (412) 317-5437. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to t

Company Delivers Significant Financial Improvement in Second Quarter  Net Income of $28.9 Million Improved $26.8 Million Over Prior Year Net Income Per Share of Common Stock Attributable to Common Stockholders of $2.02 Improved $1.76 Over Prior Year Adjusted EBITDA of $73.5 Million Improved $27.7 Million, or 60.6%, Over Prior Year Adjusted EBITDAR of $137.1 Million Improved $28.3 Million, or 26.0%, Over Prior Year TravelCenters of America Inc. (NASDAQ:TA) today announced financial results for the quarter ended June 30, 2021. Jonathan M. Pertchik, TA's CEO, made the following statement regarding the 2021 second quarter results: "TA's Transformation Plan has been underway for app