Airbnb issues disappointing revenue guidance for second quarter
Publishing timestamp: 2025-05-01 20:09:01
Summary
Airbnb posted in-line first-quarter earnings, but issued a weaker revenue forecast for the second quarter. The company saw "softness" in travel from Canada to the U.S. and reported results mostly in line with estimates. Despite strong year-over-year growth in North America, there was "softness" in travel from Canada to the U.S. Gross booking value increased 7% year over year, and nights and experiences booked rose 8%. Airbnb expects nights and experiences booked to "moderate" in the current period and teased new updates to its platform.
Sentiment: MIXED
Tickers: ABNB,
Keywords: donald trump, technology, airbnb inc, economy, donald j. trump, breaking news: economy, enterprise, earnings, breaking news: technology, business news, travel,
Source: https://www.cnbc.com/2025/05/01/airbnb-q1-earnings-report-2025-.html