Airbnb pops more than 14%, its best day ever, on earnings beat
- Airbnb reported adjusted earnings per share of $0.74, beating the $0.58 expected by analysts polled by FactSet.
- The company reported $461 million in net income, a significant increase from a $349 million loss during the same period last year.
- Gross bookings reached $17.6 billion for the quarter, surpassing the anticipated $17.2 billion and marking a 13% year-over-year increase.
- Significant growth in international travel, especially in Asia and Latin America, contributed to Airbnb's strengthened performance.
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Leaning Left4Leaning Right1Center5Last UpdatedBias Distribution50% Center
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C 50%
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