News Formal

Airbnb Q1 results top estimates as company sees 'strong sustained pent-up demand' for travel

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 71%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Airbnb's Q1 revenue at US$1.51 billion is a 70% leap from the same quarter last year.

$229 million vs. $75.5 million expected and an adjusted EBITDA loss of $59 million Y/Y

This pick-up in bookings also trickled down to Airbnb's bottom-line results, as Airbnb swung to an adjusted EBITDA profit of $229 million during the quarter. Though net losses still came in at $19 million, this marked a significant narrowing from the $1.2 billion net loss posted in the first quarter of last year.

Like many travel companies, Airbnb has benefitted from the pent-up demand for travel that consumers have built up over the course of the past couple years. With mobility picking up and new COVID-19 infections coming off their peaks in many regions, bookings have improved markedly from the depths of the pandemic.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Universal Music Group reports Q1 revenue up 22%, core earnings up 14.9%AMSTERDAM : Universal Music Group, the largest recording label, on Tuesday reported better-than-expected first quarter revenue driven by subscription and streaming income while meeting core earnings expectations.Revenue rose to 2.20 billion euros ($2.32 billion) from 1.81 billion a year earlier. Ad
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »