The embattled coworking giant posted a 75 percent quarterly gain in earnings before interest, taxes, depreciation and amortization — but still shouldered $26 million in losses, according to Q4 earnings on Thursday.
Source: Inman News
WeWork hits an earnings milestone in Q4 — but remains deep in the red
More from Adam NeumannMore posts in Adam Neumann »
More from commercial real estateMore posts in commercial real estate »
- Broker Spotlight: Aaron Luttrull, Schuler Bauer Real Estate Services
- Residential roots, commercial reach: How this broker created scale with a strategic merger
- Las Vegas real estate pro finds pig’s head in mail after AI deal closing
- Christy Rabe’s Platinum Realty Group joins forces with BHGRE
- Bessette Flavin becomes Louisiana’s largest C21 affiliate
More from Industry NewsMore posts in Industry News »
- Better Mortgage seizes the day on Wall Street with $75M raise
- Here are the stories you missed amid the Compass coverage
- Another brokerage just hit a major agent-count milestone
- Fathom’s share price rebounds after $5.4M offering closes
- Experts see Anywhere acquisition as bid to remake real estate in Compass’ image
More from Q4 earningsMore posts in Q4 earnings »
- Better hiring real estate agents to originate mortgages in 26 states
- Fathom Realty added 1,425 agents after raising fees last year
- Title technology provider Doma posts $124M 2023 net loss
- Guild Mortgage shrugs off 2023 loss as it pursues acquisitions
- EXp posts revenue uptick in Q4 — but not enough to turn a profit
More from Sandeep MathraniMore posts in Sandeep Mathrani »
- WeWork, once thought to be the future of work, files for bankruptcy
- WeWork downgraded again by Fitch as it skips interest payments
- Amid losses, WeWork attempts to renegotiate ‘nearly all’ of its leases
- ‘Substantial doubt’ that WeWork can stay afloat, company says
- WeWork’s Sandeep Mathrani steps down as CEO after 3 years at helm
More from SelectMore posts in Select »
- The death of old-school SEO, and what it means for real estate
- Credit bureaus slam plan to cut them out of FICO score pricing
- Forget private marketplaces, Colorado brokers launch full-transparency offensive
- Cloze’s MAIA is smart, task-driven and enterprise-ready: Tech Review
- Lesson Learned: Luxury isn’t price, it’s experience
More from WeWorkMore posts in WeWork »
Be First to Comment