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Yardi Kube automates flex & coworking operations

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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.

November 15, 2021

in Coworking

Reading Time: 1 min read

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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Yardi Kube automates flex & coworking operations

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Source: CNBC

Tags: Business Coworking

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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