WeWork Made More Money Than It Lost for the First Time Since 2020 – Commercial Observer

WeWork Made More Money Than It Lost for the First Time Since 2020 – Commercial Observer

WeWork‘s revenue in the first quarter of 2022 increased to $765 millionoutpacing its net losses for the first time since the first quarter of 2020, according to the company’s first-quarter earnings call Thursday. The coworking business’ $504 million net losses steadily declined last year and took a 37 percent dip from the fourth quarter of … Read more