Technology

Airbnb reports Q4 revenue up 24% YoY to $1.9B, vs. $1.86B est., $319M net income, up from $55M YoY, and says 2022 was its first profitable year; ABNB jumps 9%+ (Levi Sumagaysay/MarketWatch)

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Airbnb reports Q4 revenue up 24% YoY to $1.9B, vs. $1.86B est., $319M net income, up from $55M YoY, and says 2022 was its first profitable year; ABNB jumps 9%+ (Levi Sumagaysay/MarketWatch)
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Levi Sumagaysay / MarketWatch:

Airbnb reports Q4 revenue up 24% YoY to $1.9B, vs. $1.86B est., $319M net income, up from $55M YoY, and says 2022 was its first profitable year; ABNB jumps 9%+  —  Record profit in the holiday quarter leads to earnings of nearly $2 billion for the year, but executives also suggest price cuts are coming



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