WeWorkPremarket trading was slightly better Monday morning after company announcements reported third-quarter earningsThe company’s inaugural report since its October public listing.

WeWork reported that the total revenue was $661million, an increase of 11% over the prior quarter. Company also suffered losses of $4.54 per shares. WeWork’s third quarter results were not covered by analysts, so it is impossible to make comparisons.

WeWork was made public by a SPAC acquisition in October. This took place almost two years after the company’s failed IPO.

WeWork, which went public in 2009, was valued at $9 billion. That’s a huge drop. from 2019, when it was privately valued at $47 billion by SoftBank Group. That slowly dropped as news of the company’s finances unraveled and investors raised concerns over its business model and its founder and then-CEO Adam Neumann.

By the end of September, WeWork said physical memberships grew to 432,000 with a 56% occupancy rate. As companies continue to embrace flexibility, All Access memberships increased to 32,000 the end of September or 60% over the previous quarter.