earnings
confidence high
sentiment positive
materiality 0.75
Amex GBT Q2 revenue up 217% to $486M, positive Adj. EBITDA $47M, raises FY guidance
Global Business Travel Group, Inc.
2022-Q2 EPS reported
-$0.21
revenue$836,000,000
- Revenue $486M (+217% YoY); net loss $2M; positive Adj. EBITDA $47M.
- Raised FY2022 revenue guidance to $1.8-1.85B; Adj. EBITDA guidance $90-100M.
- Transaction recovery 69% of 2019 pro forma; June 2022 at 76%.
- New wins value $4.2B (last 12 months); customer retention 95%.
- Egencia synergies $109M; $235M cost savings >80% realized.