The San Francisco-based company warned in August that the number of nights and experiences booked in the third quarter, typically the busiest period of the year, would fall short of the total during the same period in 2019, due to the resurgence of Covid cases. Net income of $834 million far exceeded Wall Street’s expectation of $456.2 million. Analysts forecast $2.07 billion, according to data compiled by Bloomberg. Revenue grew 67% to $2.2 billion in the third quarter, Airbnb said in a statement Thursday. reported record sales and earnings that beat analysts’ estimates, proving the vacation-rental giant’s resilience even as the delta variant of Covid-19 prompted new travel concerns and restrictions.
0 Comments
Leave a Reply. |