switch inc shares rallied in the extended session thursday after the company reported quarterly results and said it was considering a possible reorganization into a realestate investment trust switch swch shares surged 14 after hours following a 02 decline in the regular session to close at 2031 as it reported quarterly results the las vegasbased company which develops and operates data centers said it had “shareholder value initiatives” under review that included a board evaluation on whether to become a real estate investment trust and a review of its board structure switch went public in october 2017 switch reported secondquarter net income of 43 million or 3 cents a share compared with 51 million or 5 cents a share in the yearago period revenue rose to 1417 million from 1269 million in the yearago quarter analysts surveyed by factset had forecast 5 cents a share on revenue of 1354 million with the company’s 420 million acquisition of data foundry closing on june 7 switch forecast revenue between 5935 million and 6035 million for the year including data foundry excluding data foundry the company forecast revenue between 566 million and 574 million analysts estimated revenue of 5614 million for the year “following the close of our data foundry acquisition we are already executing on operational efficiencies and seeing strong customer demand in texas” said rob roy switch founder and chief executive in a statement “we look forward to sharing future progress as we continue to expand capacity at the rock campus both at dell’s dell global headquarters and the data foundry properties in austin and houston” “these initiatives are in addition to our highly active construction pipeline across the other switch primes where we expect to open 13 million square feet of space between now and early 2023” roy said