SRV Archives - ShareCafe

Shared office space used to be just that: cheap digs for start-up enterprises. Now it’s a burgeoning property sub-sector.

Servcorp Slammed As US Business Slows

January 31, 2017 - by Glenn Dyer

Servcorp (SRV) shares were pounded yesterday after it downgraded its pre-tax profit guidance from ‘at least $56 million’ for fiscal 2017 to circa $47 million. The shares closed more than 19% lower at $6.05 as it joined the likes of Aconex in copping a pasting after a downgrade.