Airbnb has presented its quarterly figures and thus significantly exceeded the expectations of the analysts. The lull during the Corona crisis seems to have been overcome.
The apartment broker Airbnb has shaken off the Corona crisis and booked its most profitable and most profitable quarter to date.
In the third quarter, sales increased by almost 70 percent year-on-year to 2.2 billion dollars (1.9 billion euros), as the company announced after the US market closed. This means that Airbnb even generated 36 percent more sales than in the same period in 2019 before the pandemic.
Net income was $ 834 million, 280 percent higher than a year ago. The quarterly figures clearly exceeded the analysts’ forecasts. After the trading hours, the share initially reacted with moderate price increases. Airbnb had dampened expectations three months ago and warned of new burdens and setbacks for the tourism industry due to new corona waves of the particularly contagious Delta variant.
Source From: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
