News
Airbnb Surpasses Earnings Expectations
Airbnb reported strong third-quarter earnings, with revenue of $4.87 billion, exceeding the projected $4.75 billion. EPS was $3.16, above the anticipated $2.91. Adjusted EBITDA reached $2.51 billion, surpassing estimates. Gross Booking Value was $27.7 billion, and 155 million nights and seats were booked. The company's Q4 revenue outlook ranges from $3.22 billion to $3.28 billion, indicating strong travel demand.