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Home News Coworking

WeWork Reveals First Quarterly Report Since Going Public

According to WeWork’s first quarterly report as a public company, the company’s third-quarter revenue was at $661 million, an improvement from the previous quarter.

Aayat AlibyAayat Ali
November 15, 2021
in Coworking
Reading Time: 1 min read
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WeWork Reveals First Quarterly Report Since Going Public
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WeWork’s first quarterly report since going public in October reveals losses, but improvements from the quarter prior. 

According to the report, the company’s total revenue for the third quarter was $661 million, which is an 11% increase from the previous quarter.  

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However, the company also saw a loss of $4.54 per share, which is still an improvement from the losses it saw of $5.51 per share one year ago. 

The coworking firm’s shares were up 5% this morning. 

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Source: CNBC
Tags: BusinessCoworking
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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