Airbnb

Airbnb (NASDAQ:ABNB) was born in 2007 when two Hosts welcomed three guests to their San Francisco home, and has since grown to over 4 million Hosts who have welcomed over 1.5 billion guest arrivals in almost every country across the globe. Every day, Hosts offer unique stays and experiences that make it possible for guests to connect with communities in a more authentic way.

Airbnb, Inc. (NASDAQ:ABNB) Fiscal 2022 Revenue of $8.4 Billion Guidance for Q1 2023 beat analyst expectations

/ / Consumer Discretionary /

Airbnb, Inc. (NASDAQ:ABNB) released its fiscal year 2022 results: revenue of $8.4 billion, up 40% year-over-year, beating analysts’ expectations of $8.36 billion, and net profit of $1.893 billion, compared to a net loss of $352 million last year. For the first quarter of fiscal 2023, Airbnb gave guidance on revenue of $1.75 billion to $1.82 billion, beating analysts’ expectations of $1.69 billion. For the full fiscal year 2023, Airbnb expects the company to maintain the same strong adjusted EBITDA margin as it did in fiscal 2022, as incremental variable cost efficiencies and fixed-cost disciplines offset the negative impact of lower daily average home price figures.

Airbnb, Inc. (NASDAQ:ABNB) Fiscal 2022 Revenue of $8.4 Billion Guidance for Q1 2023 beat analyst expectations Read Post »

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