Zhitong Finance learnedarcadealleyball, Thursdayarcadealleyball, ABNBarcadealleyball.US) shares fell. As of press time, the stock fell more than 5% to 149arcadealleyball.47 dollars. Airbnb's second-quarter revenue forecast was US$2.68 billion to US$2.74 billion, lower than analysts 'expectations of US$2.74 billion. The company attributed the early 2024 Easter holiday and currency headwinds.
In the first quarter, the platform's accommodation and experience bookings exceeded 133 million, and revenue increased 18% year-on-year to US$2.1 billion. Net profit also rose sharply by 126% from the same period last year to US$264 million. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) was $424 million, and the adjusted EBITDA margin was 20%, up 6% year-on-year.
