Amex Global Business Travel Earnings

Amex Global Business Travel Earnings

PYMNTS.com

Amex Global Business Travel (Amex GBT) reported its revenue for the fourth quarter 2023 reached $549 million, nearly doubling year over year. For full year, revenue increased by 24% to $2.29 billion, with adjusted EBITDA up nearly four times to $380 million. This performance was driven by strong demand for the company’s software and services, executives on Tuesday’s call noted. The company is guiding to 6-9% revenue growth driven by expected stable growth in business travel.

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