Airbnb: Global Growth on Strong Demand
From Nasdaq: 2025-02-13 17:31:39
Airbnb (NASDAQ: ABNB) reported strong fourth-quarter financial results, with revenue of $2.48 billion, a 13% increase from the previous year, and earnings per share of $0.73, beating expectations. The company saw 12% growth in nights and experiences booked, driven by strong demand in Asia and Latin America. Airbnb generated $458 million in free cash flow, up 896% from the previous year. Investors reacted positively, with the stock rising 12% in after-market trading. Looking ahead, Airbnb plans to invest $200-250 million to launch new products, aiming for continued growth and revenue expansion.
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