WeWork (WE) Reports Q3 Loss of $4.54/sh

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WeWork Reports Third Quarter 2021 Results

November 15, 2021 7:30 AM EST

NEW YORK--(BUSINESS WIRE)-- WeWork Inc. (NYSE: WE) ("WeWork"), one of the leading global flexible space providers, today reported financial results for its third quarter ending on September 30, 2021.

Total revenue for the third quarter was $661 million, an 11% increase compared to total revenue of $593 million in the prior quarter. Adjusted EBITDA loss was $356 million for the third quarter, a $93 million improvement relative to the prior quarter Adjusted EBITDA loss of $449 million.1 WeWork ended the third quarter with pro forma cash and unfunded cash commitments of $2.3 billion, including $477... More