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Airbnb reported softer U.S. demand, which it blamed on financial uncertainties.
The journey rental website sees current-quarter common day by day charge to be flat, and adjusted EBITDA margin to be flat or down barely.
First-quarter revenue and gross sales have been above estimates.
Airbnb (ABNB) shares pulled again barely Friday, a day after the holiday rental website warned that financial situations have been main customers to tug again on journey spending.
In a letter to shareholders together with its first-quarter outcomes, the corporate mentioned, “Within the U.S., we have seen comparatively softer outcomes, which we consider has been largely pushed by broader financial uncertainties.” Airbnb defined it now expects its second-quarter common day by day charge (ADR) to be “roughly flat year-over-year,” and adjusted EBITDA margin “to be flat to down barely.”
Within the first quarter, the corporate reported earnings per share of $0.24, with income up 6% to $2.27 billion. Each have been barely above Seen Alpha forecasts.
Airbnb famous that the rise in income was primarily due to “strong progress in nights stayed.” Nights and experiences booked gained 8% to 143.1 million.
Shares of Airbnb are down about 6% in 2025.
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