Welcome to our dedicated page for Global Business Travel Group news (Ticker: GBTG), a resource for investors and traders seeking the latest updates and insights on Global Business Travel Group stock.
Global Business Travel Group, Inc. (GBTG) delivers integrated B2B travel management solutions through its technology-driven platform. This news hub provides investors and corporate professionals with essential updates on the company's strategic initiatives and market position.
Access authoritative information on GBTG's financial performance, technology enhancements, and industry leadership. Our curated collection includes earnings announcements, strategic partnership details, and product innovation updates, offering comprehensive insights into corporate travel management evolution.
Key content categories feature operational developments, executive leadership changes, and recognition in business travel innovation. Regular updates ensure stakeholders maintain current awareness of GBTG's role in shaping enterprise travel solutions.
Bookmark this page for streamlined access to verified GBTG developments. Combine periodic reviews with real-time alerts to stay informed about critical updates affecting corporate travel management strategies.
Global Business Travel Group (NYSE: GBTG) announced that American Express Global Business Travel will report its first quarter 2023 financial results on May 9, 2023, before the market opens. The financial performance and business outlook will be discussed in a live audio webcast starting at 9:00 a.m. ET.
Chief Executive Officer Paul Abbott and Chief Financial Officer Martine Gerow will lead the discussion. The webcast is expected to last around one hour and can be accessed via the Company’s Investor Relations website.
American Express Global Business Travel is recognized as the foremost B2B travel platform, catering to companies of all sizes with travel, expense management, and meeting services across over 140 countries.
American Express Global Business Travel (GBTG) reported its financial results for Q4 and full-year 2022, achieving a revenue of $1.85 billion and Adjusted EBITDA of $103 million, exceeding forecasts. Q4 revenue rose by 84% to $527 million, recovering to 75% of pro forma 2019 levels. The net loss improved to $63 million, a significant reduction from prior periods. The company noted robust recovery in the SME segment with transaction recovery hitting 82%.
For 2023, GBTG anticipates revenue between $2.17 billion and $2.22 billion, reflecting 17% to 20% year-over-year growth.
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