NEWTON, Mass. (AP) — NEWTON, Mass. (AP) — Service Properties Trust (SVC) on Wednesday reported a key measure of profitability in its fourth quarter.

The Newton, Massachusetts-based real estate investment trust said it had funds from operations of $50 million, or 30 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had a loss of $43.3 million, or 26 cents per share.

The real estate investment trust, based in Newton, Massachusetts, posted revenue of $444.1 million in the period.

For the year, the company reported funds from operations of $274.4 million. Revenue was reported as $1.87 billion.

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