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Amex GBT sees FY23 revenue $2.17B-$2.22B, consensus $2.23B

Sees FY23 adjusted EBITDA $330M-$370M. Martine Gerow, Amex GBT CFO, stated: "In 2023, we expect to deliver double-digit revenue growth, drive significant margin expansion, and turn Free Cash Flow positive during the year. Looking beyond 2023, we remain on track to deliver pre-COVID Adjusted EBITDA of approximately $500 million at an 86% revenue recovery, or achievement of $2.4 billion in revenue. We are executing on our commitments to customers and shareholders, and we are positioned for strong growth in the years ahead."

Published first on TheFly

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