Airbnb exceeds expectations reach a second-quarter record
Shares of Airbnb Inc (NASDAQ:ABNB) were on the rise after the company surpassed revenue expectations and provided third-quarter guidance that aligned with estimates.
The company reported earnings per share of 98 cents on revenue of $2.48 billion, an 18% increase from the same period last year. Analysts had expected second-quarter earnings of 80 cents per share on revenue of $2.42 billion.
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