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WEWORK — Wework India Management News Story

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WeWork India rises after fourth-quarter profit surges

** Shares of WeWork India Management WEWO.NS rise 7.45% to 523.05 rupees

** The flexible workspace operator posts profit of 655.5 million rupees ($6.80 million) in the fourth quarter, up ~80% Y/Y

** Revenue from operations up 29% at 6.96 billion rupees

** WEWO rated "strong buy", on avg, by six analysts; median PT is 840 rupees - data compiled by LSEG

** WEWO stock down 19.4%, YTD

   ($1 = 96.3800 Indian rupees)

 (Reporting by Devika Nair in Bengaluru)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))

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