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Airbnb's stock bounces around after revenue beat, positive guidance
ABNBAirbnb(ABNB) Market Watch·2024-02-13 21:25

Airbnb Inc.’s stock bounced around in volatile extended trading Tuesday following quarterly results that eclipsed analysts’ revenue estimates and guidance. The vacation-property rentals company ABNB, -1.94% reported a fiscal fourth-quarter net loss of 349million,or55centsashare,comparedwithnetincomeof349 million, or 55 cents a share, compared with net income of 319 million, or 50 cents a share, in the same quarter a year ago. Airbnb’s sales climbed 17% to 2.22billionfrom2.22 billion from 1.9 billion in the year-ago quarter. Analysts polled by FactSet had expecte ...