WeWork Inc. WE said Thursday it had a net loss of $454 million, or 59 cents a share, for the fourth quarter, narrower than the loss of $715 million, or $1.82 a share, posted in the year-earlier period. The number was wider than the FactSet consensus for a loss of 43 cents a share. The office-sharing company said revenue rose to $848 million from $718 million a year ago, to squeak past the FactSet consensus of $847 million. The New York-based company said consolidated physical occupancy rose to 75% by quarter-end. The company had liquidity of about $1.3 billion at quarter-end. It now expects first-quarter revenue of $830 million to $855 million, below the FactSet consensus of 880 million. The stock rose 2.9% premarket, but has fallen 76% in the last 12 months, while the S&P 500 SPX has fallen 7%.
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