Airbnb's Revenue Tops Expectations, But Profits Fall Short

Airbnb (ABNB) reported third-quarter revenue that beat expectations, but profits fell short.  The vacation rental marketplace saw revenue grow 10% year-over-year to $3.73 billion, ahead of the analyst consensus from Visible Alpha. However, its net income came in at$1.37 billion or $2.13 per share, down from$4.37 billion or $6.63 per share a year earlier and missing expectations.  Nights and Bookings Growth Slows The company’s Nights and Experiences Booked came in at 122.8 million, up 8% from a year ag ...