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Airbnb issues disappointing revenue guidance for second quarter
CNBC· 2025-05-02 04:10
Airbnb CEO Brian Chesky appears at "The Game Plan: Strategies for Entrepreneurs" at Airbnb Open in Los Angeles on Nov. 19, 2016.Airbnb reported results for the first quarter that were mostly in line with estimates, but the company issued a disappointing revenue forecast for the current period.Shares declined about 4%.Here's how the company did compared to LSEG estimates:Earnings per share: 24 cents per share vs. 24 cents expectedRevenue: $2.27 billion vs. $2.26 billion estimate.Revenue increased 6% from abo ...