WeWork Inc. (WEWKQ)
| Market Cap | 5.29M |
| Revenue (ttm) | 3.36B |
| Net Income (ttm) | -1.64B |
| Shares Out | 40.66M |
| EPS (ttm) | -75.60 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,411 |
| Open | 0.130 |
| Previous Close | 0.140 |
| Day's Range | 0.120 - 0.130 |
| 52-Week Range | n/a |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About WEWKQ
WeWork Inc. provides flexible workspace solutions to individuals and organizations worldwide. The company offers workstation, private office, and customized floor solutions; and various amenities and services, such as private phone booths, internet, high-speed business printers and copiers, mail and package handling, front desk services, off-peak building access, common areas, and daily enhanced cleaning solutions. It also provides various value-add services; business and technical service solutions, including professional employer organization... [Read more]
Financial Performance
In 2022, WeWork's revenue was $3.25 billion, an increase of 26.26% compared to the previous year's $2.57 billion. Losses were -$2.03 billion, -54.18% less than in 2021.
Financial StatementsNews
WeWork founder Neumann wants bankruptcy court's help in bid to repurchase company
WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to re-acquire the coworking business, saying Monday that WeWork's management should engage in talks or be forced to cede c...
WeWork files motion to hold onto another of its co-working spaces in Seattle
WeWork is looking to hold onto another location in Seattle, as the onetime co-working giant filed a motion to assume its lease in the 15th and Market building in Ballard on Monday.
WeWork targets Chapter 11 exit by May 31, secures $8 billion in rent reduction
The SoftBank-backed company's post-bankruptcy business plan is premised on a significant reduction in future rent costs from its landlords.
WeWork expects to emerge from bankruptcy by end of May
WeWork Inc. said Tuesday that after restructuring lease agreements covering nearly 90% of its real-estate portfolio, it expects to come out of bankruptcy by the end of May.
WeWork targets Chapter 11 exit by May 31, secures $8 billion in rent reduction - Reuters
WeWork said on Tuesday it aimed to emerge from Chapter 11 bankruptcy in the U.S. and Canada by May 31 and had negotiated more than $8 billion, or over 40%, reduction in rent commitments from landlords...
WeWork Announces Substantial Progress in Real Estate and Financial Restructuring
NEW YORK--(BUSINESS WIRE)--WeWork announced today it has determined a final path forward at 90% of the locations in its global real estate portfolio through amended leases, new management agreements, ...
Why Adam Neumann's $500 Million WeWork Bid Could Easily Fail
Adam Neumann — cofounder of WeWork — wants to buy the co-working space provider out of bankruptcy — bidding “more than $500 million,” according to the Wall Street Journal.
Has Adam Neumann secured financing to buy back WeWork Inc?
WeWork Inc is in focus today after Adam Neumann proposed to buy the office-sharing company out of bankruptcy for over $500 million. Rithm Capital may be interested in financing Neumann wants to regain...
Adam Neumann's bid to buy back WeWork faces uphill battle due to financing challenges
WeWork founder Adam Neumann is reportedly trying to buy back the company that ousted him in 2019, but he faces plenty of hurdles along the way.
Adam Neumann makes a $500 million bid for WeWork: Here's what you need to know
CNBC's Deirdre Bosa joins 'The Exchange' to report on Adam Neumann's WeWork bid, creditor sentiment to the bid, and more.
Adam Neumann makes a $500 million bid for WeWork
CNBC's Deirdre Bosa reports on news from WeWork.
Ousted WeWork CEO Adam Neumann bids to buy back company: WSJ
According to a Wall Street Journal report, WeWork (WEWKQ) Co-Founder and former CEO Adam Neumann is seeking to buy back the company he once led. Neumann has reportedly submitted a bid to acquire WeWor...
WeWork co-founder Adam Neumann bids to buy it back for more than $500m
Former CEO of shared office space rental company has reportedly been in talks with investors
Ousted WeWork co-founder bids to buy company: Reports
Ousted WeWork co-founder Adam Neumann recently bid more than $500 million to buy back the struggling office-sharing group, according to media reports Monday.
Adam Neumann submits bid of more than $500 million to buy WeWork
Adam Neumann has submitted an unsolicited bid in excess of $500 million to acquire WeWork out of bankruptcy, a person familiar with the matter told CNBC.
Adam Neumann is trying to buy back WeWork for more than $500 million: report
Adam Neumann submitted a bid of more than $500 million to buy back WeWork, per The Wall Street Journal. The WeWork cofounder has been trying to regain control of the company since his ousting.
Adam Neumann looks to buy back WeWork for more than $500M: report
Flexible workspace provider WeWork filed for bankruptcy in November.
Now-empty $42M NYC WeWork office building offered up as emergency migrant shelter
A 16-story building in the Garment District formerly occupied by office space sharing provider WeWork has been proposed for conversion into to an emergency shelter for migrants, officials said.
Adam Neumann wants to regain control of WeWork. Here's why your office is still open despite the bankruptcy filing.
WeWork filed for Chapter 11 bankruptcy protection in November. Now cofounder Adam Neumann is exploring an offer to buy back the company.
Adam Neumann's bid for WeWork's scraps
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As Adam Neumann tries to win back WeWork, Dan Loeb plays down his hedge fund's role
Daniel Loeb is playing down his role and that of his hedge fund in helping Adam Neumann buy back WeWork just over four years after his ouster from the now-bankrupt office sharing company.
Elon Musk's lawyer is helping Adam Neumann as he tries to buy back WeWork
Adam Neumann is trying to buy back WeWork, the now-bankrupt company he cofounded. He's being aided by lawyer Alex Spiro, who helped Elon Musk take over Twitter in 2022.
Adam Neumann is trying to buy back WeWork
Adam Neumann, who co-founded flexible workspace provider WeWork in 2010 and notoriously stepped down nine years later, is attempting to buy the company out of bankruptcy, according to multiple reports...
Former WeWork CEO Adam Neumann's new business venture
CNBC's Deirdre Bosa joins 'Power Lunch' to discuss WeWork former CEO Adam Neumann's new bid in real estate.
Ousted WeWork CEO Adam Neumann trying to buy company back
WeWork co-founder and former CEO Adam Neumann wants to buy the bankrupt co-working provider back through his new venture, claiming to have hedge fund backing.