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2023-08-08 18:21:43 ET Class A shares of WeWork ( NYSE: WE ) on Tuesday plummeted more than 24% in extended trading, after the co-working space provider said "substantial doubt" existed about its ability to continue as a going concern. The company also reported Q2 results th...
2023-08-08 17:46:02 ET WeWork press release ( NYSE: WE ): Q2 GAAP EPS of -$0.21 misses by $0.09 . Revenue of $844M (+3.6% Y/Y) beats by $3.93M . For further details see: WeWork GAAP EPS of -$0.21 misses by $0.09, revenue of $844M beats by $3.93M
WeWork Inc. (NYSE: WE) ("WeWork"), the leading global flexible space provider, disclosed financial results today for the three and six months ended June 30, 2023. Second quarter highlights include: Consolidated revenue for the second quarter 2023 was $844 million, an increase of 4% year-ove...
WeWork Inc. (NYSE: WE), the leading global flexible space provider, today announced the appointment of Paul Aronzon, Founder of PSA Consulting; Paul Keglevic, former CEO, CFO and CRO of Energy Future Holdings; Elizabeth LaPuma, former Managing Director, Head of Balance Sheet Advisory at UBS, and ...
WeWork Inc. (NYSE: WE) (“WeWork”), the leading global flexible space provider, today announced that on Tuesday, August 8, 2023, it will issue financial results for the second quarter ending June 30, 2023. The company will conduct a conference call at 8:00 A.M. EDT on Wednesday, Augu...
2023-07-21 10:09:33 ET WeWork ( NYSE: WE ) issued $116.7M in new notes to SoftBank ( OTCPK:SFTBY ) ( OTCPK:SFTBF ) ( OTCPK:SOBKY ) and $58.3M in new notes to an unnamed third party investor, the company disclosed on Friday. The co-working office space company i...
2023-07-10 16:41:44 ET Shares of WeWork (NYSE: WE) collapsed by 82% through the first half of 2023, according to data provided by S&P Global Market Intelligence . The notorious start-up and flexible office space provider is far from profitable and close to running out of cas...
2023-07-09 05:00:00 ET When it comes to investing, nobody gets it right 100% of the time. Even Warren Buffett -- arguably the world's greatest living investor -- has made a few mistakes in his stock-picking career . What matters most when you make a pick that doesn't work out as you...
2023-06-27 17:38:40 ET Summary WeWork is being priced for a near-term Chapter 11 bankruptcy filing due to its cash burn and executive turnover. A March deal with SoftBank and a group of investors will help reduce WeWork's net debt and extend its cash runway. Despite the deal, ...
2023-06-06 18:34:41 ET It typically isn't beneficial for a company when a big pile of its shares goes on sale at once. That was the case Tuesday with beleaguered office space purveyor WeWork (NYSE: WE) . Following the announcement that a clutch of top stockholders was unloading thei...
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WeWork Inc - Class A (WE) is expected to report for quarter end 2023-09-30
WeWork spaces remain open and operational and the Company will continue to provide its signature member experience Company enters into Restructuring Support Agreement with strong support from key financial stakeholders to drastically reduce its existing funded debt WeWork Inc. (...