ABNB - Airbnb Q4 Earnings: Revenue Beat GBV Up 15% $6B Buyback And More | Benzinga
Airbnb Inc (NASDAQ:ABNB) reported fourth-quarter financial results Tuesday after the close. Here’s a look at the key metrics from the quarter.
What Happened: Airbnb said fourth-quarter revenue increased 17% year-over-year to $2.22 billion, which beat the consensus estimate of $2.16 billion, according to Benzinga Pro. The company said its top-line results were driven by continued strength in travel demand as well as a foreign exchange rate tailwind.
Airbnb reported a quarterly loss of 55 cents per share. The company said it generated $63 million in net cash from operating activities and $46 million in free cash flow during the quarter. As of Dec. 31, ...