GBTG - Global Business Travel Group GAAP EPS of -$0.23 misses by $0.17 revenue of $592M beats by $27.5M
2023-08-10 08:11:09 ET
- Global Business Travel Group press release ( NYSE: GBTG ): Q2 GAAP EPS of -$0.23 misses by $0.17 .
- Revenue of $592M (+21.8% Y/Y) beats by $27.5M .
- Adjusted EBITDA totaled $106 million, an increase of 126% versus Q2 2022, with an Adjusted EBITDA Margin 2 of 18%. Net loss totaled $(55) million, with a net loss margin of (9)%
- 2023 Outlook: Raised revenue guidance to a range of $2.25 billion – $2.28 billion, representing 22% – 23% year-over-year growth.
- Raised Adjusted EBITDA guidance to a range of $365 million – $385 million.
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Global Business Travel Group GAAP EPS of -$0.23 misses by $0.17, revenue of $592M beats by $27.5M