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American Express Global Business Travel reported strong first quarter 2023 results with a 65% increase in revenue compared to the same period in 2022. The company's growth was driven by continued growth in business travel, share gains, and momentum in the SME customer segment.
Strong Revenue and Adjusted EBITDA Growth
Strong SME Growth
Significant New Wins and Continued Share Gains
Delivering on commitments made nearly one year after going public.
The Companyβs Q2 2023 and full-year 2023 guidance considers various material assumptions. Actual results may differ materially from the guidance due to a number of factors.
Visualization of income flow from segment revenue to net income