WeWork

WeWork is a commercial real estate company that provides shared workspaces for technology startups and services for other enterprises.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q2 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

WeWork, Inc. engages in the provision of flexible workspace solutions. It offers access to office spaces, internet connection, and other shared facilities. The company was founded in 2010 and is headquartered in New York, NY.

WeWork Inc. (NYSE:WE ) Q2 2022 Earnings Conference Call August 4, 2022 8:00 AM ET Company Participants Kevin Berry - IR Sandeep Mathrani - CEO Andre Fernandez - CFO Conference Call Participants Vikram Malhotra - Mizuho. Alexander Goldfarb - Piper Sandler Tayo Okusanya - Credit Suisse Karru Martinson - Jefferies Operator Good morning, and welcome to WeWork's Q2 2022 Earnings Call.

WeWork Inc. (WE) CEO Sandeep Mathrani on Q2 2022 Results - Earnings Call Transcript

The short-term rentals company continues to see smaller losses and higher occupancy rates.

WeWork Sees One Measure of Profitability This Year

Flexible office group WeWork Inc (NYSE:WE) posted a smaller net loss in the second quarter, with offices were 72% full at the end of the second quarter, same as the occupancy rate in late 2019 before the pandemic. A net loss of US$635mln was a 31% improvement year over year, while negative adjusted EBITDA at US$134mln was a US$78mln improvement from the first quarter of 2022, and a US$315mln improvement from the prior year period, and "within guidance".

WeWork Inc continues to lose money with net loss and negative EBITDA, but narrows gap

WeWork Inc. WE, +8.16% reported Thursday a second-quarter net loss that was wider than expected and revenue that came up shy of forecasts, but an adjusted loss that beat, while the provider of flexible workspaces affirmed its full-year outlook. The net loss narrowed to $577 million, or 76 cents a share, from $889 million, or $6.12 a share, in the year-ago period.

WeWork reports wider than expected loss and revenue misses, but adjusted results were less negative

NEW YORK--(BUSINESS WIRE)--WeWork Inc. (NYSE: WE) ("WeWork"), the leading global flexible space provider, disclosed financial results today for the three months ended June 30, 2022. Second quarter and other recent highlights include: Revenue for the second quarter was $815 million, an increase of 7% quarter-over-quarter and 37% year-over-year. Revenue using the Company's budgeted foreign exchange rates was $841 million, above the Company's guidance of $800 - $825 million. Consolidated physical

WeWork Reports Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--WeWork (NYSE: WE), a leading global flexible space provider, today announced the official debut of WeWork Workplace, a new space management solution built in partnership with Yardi, the leading provider of real estate software. WeWork Workplace provides companies with a universal platform that enables inventory management across office spaces, enhanced employee experiences and space optimization through insights and analytics. The proliferation of remote and hybrid wo

WeWork Debuts WeWork Workplace; Software to Help Companies and Employees Navigate a New World of Work

NEW YORK--(BUSINESS WIRE)--WeWork Inc. (NYSE: WE) (“WeWork”), one of the leading global flexible space providers, today announced that on Thursday, August 4, 2022, it will issue financial results for the second quarter ending June 30, 2022. The company will conduct a conference call at 8:00 (ET), following the release of its earnings materials. Earnings call details, the company's earnings release, and related materials will be available on WeWork's Investor Relations website at investors.wewor

WeWork Announces Date of Second Quarter 2022 Results Conference Call

Carvana

Lyft

Wall Street has been in a bear market for several weeks. As the reality of a recession draws near, avoiding stocks with little to no profits, limited growth, and strong sell quant ratings may help limit your downside risk.

Dr. Doom: Disheartened By These 3 Disruptors

Zoom Video

WeWork and Zoom both have big visions for how they want to shape the world of business and communications. It is becoming increasingly likely that WeWork will go bankrupt as Zoom pushes up its profits and grows incredibly fast.

Zoom Disrupted WeWork's Business Model That Didn't Work

NEW YORK--(BUSINESS WIRE)--WeWork Inc. (NYSE: WE), a leading global flexible space provider, today announced that Daniel Hurwitz, co-founder & CEO of Raider Hill Advisors, has joined WeWork's Board of Directors, effective June 23, 2022. He succeeds Jeffrey Sine, co-founder and partner of The Raine Group, who served on WeWork's Board since October 2019. With more than three decades of experience transforming public and private businesses in the retail real estate industry, Hurwitz will bring

WeWork Announces Appointment of Daniel Hurwitz to its Board of Directors

ANGI Homeservices

FuboTV

TETRA Technologies

Zeta Global Holdings Corp

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

5 Very Well-Known ‘Strong Buy' Stocks Under $10 With Massive Upside Potential

An analyst enthusiastically iniates coverage on the bellwether co-working space provider.

Why WeWork Was a Stock Market Star Today

American Tower

Brixmor Property Group

NexPoint Residential Trust

Ventas

Rising mortgage rates and high prices are weighing on sales of existing homes. The National Association of Realtors (NAR) on Tuesday reported that home prices in May were up 14.8% year over year to a record average of $407,600.

5 Outstanding REIT Picks From Credit Suisse With Up to 100% Potential Upside

Credit Suisse just initiated coverage on WeWork Inc (NYSE:WE) stock with an "outperform" rating, and an $11 price target -- which is nearly an 100% premium to last night's close.

Credit Suisse Thinks WeWork Stock Could Double in Value

Flexible workspace provider WeWork Inc on Thursday appointed Andre Fernandez as its chief financial officer (CFO), replacing Benjamin Dunham.

WeWork appoints Andre Fernandez as CFO

WeWork Inc. WE, +5.93% said Thursday that Andre Fernandez will become the flexible work space provider's chief financial officer, effective June 10. He will succeed current CFO Ben Dunham, who was appointed to that role in October 2020.

WeWork CFO Dunham to be step down after less than 2 years in the role

NEW YORK--(BUSINESS WIRE)--WeWork Inc. (NYSE: WE) ("WeWork" or the “Company”), a leading global flexible space provider, announced today the appointment of Andre J. Fernandez as Chief Financial Officer effective June 10, 2022. Fernandez joins WeWork with more than thirty years of experience in financial and executive leadership roles. Most recently, Fernandez served as Executive Vice President & Chief Financial Officer of NCR Corporation, an $8 billion global leader in enterprise software,

WeWork Names Andre J. Fernandez As Chief Financial Officer

NEW YORK--(BUSINESS WIRE)--Upflex—the premier global provider of hybrid workspace solutions—announced the closing of its $30 million Series A round. The raise was led by WeWork with participation from notable strategic investors Newmark and Cushman & Wakefield as well as returning investor Ecosystem Integrity Fund, and top venture funds including GPO Fund, Coelius Capital, Industry Ventures, Inertia Ventures, Perennial Private Investments, and Silicon Valley Bank. This brings Upflex's total

Upflex Announces $30M Series A From Top Strategic & Venture Funds

Adam Neumann, a former chief executive of WeWork, raised US$70mln for his climate tech venture Flowcarbon in its first major funding round. Neumann's new company puts carbon credits on the blockchain to make carbon trading more accessible.

WeWork founder's new climate tech venture Flowcarbon raises US$70mln

NEW YORK--(BUSINESS WIRE)--WeWork (NYSE: WE), a leading flexible space provider, and BetterHelp, the world's largest therapy platform, today announced a paid partnership to provide access to a free month of professional therapy to U.S. WeWork members, and underscore the importance of mental health and normalized access to tools for improving emotional wellbeing. In addition to the free professional therapy, the two companies are hosting wellness events around the country to promote the importan

WeWork and BetterHelp Partner on Mental Health Awareness Month Initiative to Provide Free Access to Therapy Nationwide

WE stock has the potential to double or more as WeWork demonstrates revenue growth and a substantial market footprint in multiple regions. The post Narrowing Net Loss Offers Hope for WeWork Stock Holders appeared first on InvestorPlace.

Narrowing Net Loss Offers Hope for WeWork Stock Holders

The pandemic's arrival turned spaces like WeWork into ghost towns. Now people are lining up for low-commitment offices, and providers are working to sustain that trend.

Start-Ups Flock to WeWork, Trellis and Other Low-Commitment Spaces

WeWork Inc. (NYSE:WE ) Q1 2022 Earnings Conference Call May 12, 2022 9:00 AM ET Company Participants Chandler Salisbury - Vice President, Investor Relations Sandeep Mathrani - Chief Executive Officer Ben Dunham - Chief Financial Officer Conference Call Participants Vikram Malhotra - Mizuho Alexander Goldfarb - Piper Sandler Karru Martinson - Jefferies Sam McGovern - Credit Suisse Amit Nihalani - Mizuho Operator Good morning. My name is Chantel and I'll be your conference operator today.

WeWork Inc. (WE) CEO Sandeep Mathrani on Q1 2022 Results - Earnings Call Transcript

WeWork Inc (NYSE:WE) is up 1.2% at $5.16 ahead of the open after releasing its first-quarter results.

WeWork Shares 28% Jump in Revenue, Narrowing Losses

The workspace rental company raises the bottom end of its revenue guidance for the second quarter and year.

News for WeWork Stock (WE)