Airbnb reports Q4 revenue up 24% YoY to $1.9B, vs. $1.86B est., $319M net income, up from $55M YoY, and says 2022 was its first profitable year; ABNB jumps 9%+ (Levi Sumagaysay/MarketWatch)

https://ift.tt/hOtJQcU

Levi Sumagaysay / MarketWatch:
Airbnb reports Q4 revenue up 24% YoY to $1.9B, vs. $1.86B est., $319M net income, up from $55M YoY, and says 2022 was its first profitable year; ABNB jumps 9%+  —  Record profit in the holiday quarter leads to earnings of nearly $2 billion for the year, but executives also suggest price cuts are coming

from Techmeme https://ift.tt/IfdRsLz