Airbnb Raises Full-Year Outlook Following Strong Q3 Revenue Growth
Airbnb (ABNB) has reported significant momentum, with CEO Brian Chesky stating the company is entering a new phase of growth. The third quarter marked the platform's fastest revenue growth in over three years, which management attributes to long-term platform rebuilding efforts and a new operating model. Looking ahead, Airbnb has raised its full-year guidance, projecting high-teens revenue growth and an adjusted EBITDA margin of approximately 36%. For the fourth quarter, the company expects revenue to fall between $3.22 billion and $3.28 billion.
Tickers: $ABNB
Topics: earnings report management commentary revenue growth