GBTG - Global Business Travel Q4 Revenues Gain From Travel Boost: Details | Benzinga
American Express Global Business Travel, which is operated by Global Business Travel Group Inc (NYSE:GBTG), (Amex GBT) reported fourth-quarter FY23 sales growth of 4.2% year-on-year to $549 million, beating the analyst consensus estimate of $541.17 million.
The revenue increase is primarily due to growth in Total Transaction Value driven by continued growth in business travel and growth in Product & Professional Services revenue.
The total operating expenses for the quarter declined 4% to $546 million.
Net loss ...