Airbnb Beats Expectations, Investments Weigh on Margin Forecast
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Airbnb reported gross bookings of $23.5 billion, compared to the $22.67 billion forecasted by Wall Street. The vacation rental platform Airbnb delivered solid results in Q2 2025, surpassing expectations for profit and revenue. However, the forecast for a lower margin due to planned investments disappointed investors, leading to a decline in the stock price. Strong quarterly results: profit and revenue exceed expectations In the second quarter ending June 30, Airbnb posted a profit of $642 million or $1.03 per share. This marks a significant...
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