Airbnb (ABNB) earnings Q1 2022


When the pandemic first hit one of the world’s most valuable start-ups saw its private value nearly halved. Now as hotels suffer but vacation rentals boom, Airbnb CEO Brian Chesky is reportedly planning to file for a long-awaited IPO.

Mike Segar | Reuters

Airbnb reported better-than-expected results on Tuesday and gave an upbeat forecast for the second quarter, as the company sees a rebound in travel coming out of the pandemic.

The shares rose more than 6% in after-hours trading.

Here are the key numbers:

  • Loss per share: 3 cents vs 29 cents expected by analysts, according to Refinitiv.
  • Revenue: $1.51 billion vs $1.45 billion expected, according to Refinitiv.

Revenue in the first quarter surged…

Source cnbc.com

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