Airbnb Swings to Bigger-Than-Expected Profit, Sending Stock Soaring
1. Airbnb reported Q4 profit of $461 million, beating expectations. 2. Revenue grew 12% to $2.5 billion, exceeding analyst consensus. 3. Bookings increased 12% to 111 million, impacting growth positively. 4. First-quarter guidance slightly below analyst expectations due to foreign exchange risks. 5. Shares surged over 14% in after-hours trading post-results.