Brief: Vacasa Announces Third Quarter 2022 Financial Results

Vacasa

09/11/2022 21:22

Vacasa Inc  VCSA.O :
    * VACASA ANNOUNCES THIRD QUARTER 2022 FINANCIAL RESULTS
    * QTRLY REVENUE OF $412 MILLION UP 25% YEAR-OVER-YEAR
    * QTRLY DILUTED NET INCOME PER SHARE OF CLASS A COMMON STOCK
OF
$0.04
    * Q3 EARNINGS PER SHARE VIEW $0.07, REVENUE VIEW $391.6
MILLION --
REFINITIV IBES DATA
    * GROSS BOOKING VALUE REACHED $969 MILLION IN THE THIRD
QUARTER,
UP 25% YEAR-OVER-YEAR
    * THERE IS POTENTIAL FOR AVERAGE GROSS BOOKING VALUE PER
HOME TO
DECLINE YEAR-OVER-YEAR IN 2023
    * IN 2023, WE EXPECT TO MEANINGFULLY REDUCE THE AMOUNT OF
CAPITAL
WE’VE ALLOCATED TO THE PORTFOLIO PROGRAM
    * SEES FOURTH QUARTER REVENUE TO BE IN THE RANGE OF $195
MILLION
TO $215 MILLION

Source text for Eikon:  ID:nBw7D1m3wa 
Further company coverage:  VCSA.O