Global Business Travel Group Sees Swinging to Q4 Net Income, Higher Revenue; Boosts Share Repurchase Program -- Shares Gain

MT Newswires Live02-17

Global Business Travel Group (GBTG), also know as Amex GBT, on Tuesday reported preliminary Q4 net income of $83 million, swinging from a net loss of $14 million a year ago.

The company also reported preliminary Q4 revenue growth of 34% to $792 million. Analysts polled by FactSet expect $789.5 million.

For 2026, the company said it expects revenue of $3.24 billion to $3.3 billion. Analysts surveyed by FactSet expect $3.26 billion.

Further, Amex GBT said its board boosted its existing share repurchase program to $600 million from $300 million.

Shares of the company were up more than 9% in recent trading on Tuesday.

Price: 5.52, Change: +0.48, Percent Change: +9.63

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