Airbnb Exceeds Revenue Estimates but Faces Cancellations Due to Iran War
Airbnb reported first-quarter revenue that exceeded Wall Street estimates but missed earnings expectations. The company cited increased cancellations in the EMEA and Asia Pacific regions due to the Iran war. Despite regional challenges, Airbnb raised its full-year revenue growth guidance.
Tickers: $ABNB
Topics: earnings geopolitical_impact guidance revenue travel