{"id":367418,"date":"2021-11-15T21:05:47","date_gmt":"2021-11-15T18:05:47","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wework-reports-smaller-loss-shares-rise\/"},"modified":"2021-11-15T21:05:47","modified_gmt":"2021-11-15T18:05:47","slug":"wework-reports-smaller-loss-shares-rise","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wework-reports-smaller-loss-shares-rise\/","title":{"rendered":"#WeWork reports smaller loss, shares rise"},"content":{"rendered":"<p>&#8220;<strong>#WeWork reports smaller loss, shares rise<\/strong>&#8221;<\/p>\n<div>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2021\/shares-of-wework-rose.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/2021\/shares-of-wework-rose.jpg\" data-sub-html=\"Shares of WeWork rose as the company reported a smaller quarterly loss.\">\n<figure class=\"article-img\">\n            <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2021\/shares-of-wework-rose.jpg\" alt=\"Shares of WeWork rose as the company reported a smaller quarterly loss\" title=\"Shares of WeWork rose as the company reported a smaller quarterly loss.\" width=\"800\" height=\"530\"\/><figcaption class=\"text-darken text-low-up text-truncate-js text-truncate mt-3\">\n                Shares of WeWork rose as the company reported a smaller quarterly loss.<br \/>\n            <\/figcaption><\/figure>\n<\/p><\/div>\n<\/div>\n<p>Office-sharing company WeWork reported a smaller quarterly loss Monday and pointed to another gradual rise in occupancy levels, lifting shares.<\/p>\n<p>                                                                                WeWork, reporting earnings for the first time as a public company, said the third quarter &#8220;saw a continuation of the strong momentum seen in the second quarter of 2021&#8221; as more people return to office life and the worst of the pandemic recedes.<\/p>\n<p>Total occupancy rose to 56 percent in the third quarter from 50 percent in the prior period after bottoming out at 45 percent late last year.<\/p>\n<p>The trends have continued into October, with occupancy hitting 59 percent, the company said.<\/p>\n<p>The company reported a loss of $802 million, compared with a loss of $941 million in the year-ago period. Revenues fell 18 percent to $661 million.<\/p>\n<p>WeWork debuted on the Nasdaq last month following a merger with special-purpose acquisition company called BowX. The company has new management after the exit of co-founder Adam Neumann.<\/p>\n<p>Shares rose 2.4 percent to $9.40 in midday trading.\n                                                                                                                        <\/p>\n<hr\/>\n<div class=\"article-main__explore my-4 d-print-none\">\n<p>                                            Revamped WeWork rises in Nasdaq debut\n                                        <\/p><\/div>\n<hr class=\"mb-4\"\/>\n<p class=\"article-main__note mt-4\">\n                                                \u00a9 2021 AFP<\/p>\n<p>                                        <!-- print only --><\/p>\n<div class=\"d-none d-print-block\">\n<p>                                                 <strong>Citation<\/strong>:<br \/>\n                                                 WeWork reports smaller loss, shares rise (2021, November 15)<br \/>\n                                                 retrieved 15 November 2021<br \/>\n                                                 from https:\/\/techxplore.com\/<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>\/2021-11-wework-smaller-loss.html<\/p>\n<p>                                            This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no<br \/>\n                                            part may be reproduced without the written permission. The content is provided for information purposes only.<\/p><\/div>\n<\/p><\/div>\n<p><script id=\"facebook-jssdk\" async=\"\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/science\/\" target=\"_blank\" rel=\"noopener\">Science category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techxplore.com\/news\/2021-11-wework-smaller-loss.html\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#WeWork reports smaller loss, shares rise&#8221; Shares of WeWork rose as the company reported a smaller quarterly loss. Office-sharing company WeWork reported a smaller quarterly loss Monday and pointed to another gradual rise in occupancy levels, lifting shares. WeWork, reporting earnings for the first time as a public company, said the third quarter &#8220;saw a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":367421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/scx2.b-cdn.net\/gfx\/news\/2021\/shares-of-wework-rose.jpg","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-367418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sciencee"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/367418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=367418"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/367418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/367421"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=367418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=367418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=367418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}