Airbnb's revenue came in at $1.34 billion, up nearly 300% year-over-year.
Airbnb beat Wall Street's expectations for revenue and bookings in the second quarter, but the company warned about expected volatility from the Covid delta variant.
The company said vaccination progress and containment of new variants will be variables that impact how the company performs in the fourth quarter.Airbnb CEO Brian Chesky attends the Cannes Lions on June 20, 2016, in Cannes, France.stock on Thursday fell more than 3% after the company reported its second-quarter earnings. The company beat Wall Street's expectations for revenue and bookings but warned about expected volatility from the Covid delta variant.$1.34 billion vs. $1.
Airbnb's net loss narrowed to $68 million for the quarter, down more than 88% from a net loss of $575.6 million a year prior. In its letter to shareholders, the company warned that it is bracing for volatility as a result of the Covid-19 delta variant. Airbnb said it expects delta to affect travel behavior, specifically in regards to how often and when guests book and cancel.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Florida Requests 300 Ventilators Days After Banning School Mask Mandates“Florida is requesting an extra 300 ventilators from the federal government while also threatening to withhold pay from school officials who enact mask mandates. Make it make sense.”
Weiterlesen »
You Can Now Rent Dorinda Medley’s Storied Blue Stone Manor on Airbnb‘The Real Housewives of New York’ alum is offering two groups of four guests the chance to stay the night at her 11,000-square-foot estate.
Weiterlesen »
Doximity shares jump after digital health company says revenue doubled in first report since IPODoximity said revenue in the fiscal first quarter climbed to $72.7 million from $36.4 million a year earlier.
Weiterlesen »
Makeover at Victoria’s Secret Is More Than Skin DeepHeard on the Street: Victoria’s Secret shares jumped on their debut as a stand-alone company but remain cheap
Weiterlesen »
Univision Ad Revenue Jumps 72 PercentThe Spanish-language media giant, led by CEO Wade Davis, reported its second-quarter results.
Weiterlesen »
Univision Ad Revenue Jumps 72 PercentUnivision reported a big second-quarter advertising revenue improvement.
Weiterlesen »