Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

Airbnb delivered financial results that outperformed analyst consensus estimates for the second quarter, prompting a significant stock price increase during extended trading on Thursday. The company reported revenue growth of 17% compared with the prior year period, reaching approximately $3.1 billion. Net income expanded to $816 million, up from $642 million in the comparable year-ago quarter, translating to $1.03 per share. Looking ahead to th…