
Airbnb Inc. (ABNB) reported its Q3 2024 earnings, revealing a revenue of $3.73 billion, which exceeded analysts' expectations of $3.72 billion and represented a 10% year-over-year increase. However, the company's GAAP earnings per share (EPS) of $2.13 fell slightly short of the anticipated $2.14, marking a significant decline of 67.87% year-over-year. Adjusted EBITDA for the quarter was $1.96 billion, up 7% from the previous year. Looking ahead, Airbnb provided Q4 revenue guidance in the range of $2.39 billion to $2.44 billion, reflecting an 8-10% increase year-over-year, and expects an increase in Nights & Experiences growth compared to Q3. Despite the mixed results, Airbnb's stock fell by 2.1% in after-hours trading.





Shares of Cloudflare closed 4% percent lower today after its Q3 earnings report showed revenue guidance came up short of analysts' estimates. @Cloudflare CEO @eastdakota joined the show to break down those results. $NET https://t.co/Bi4Qv57lxu
Airbnb $ABNB has released its quarterly earnings. Revenue of $3.73B (+9.86% YoY) beats by $12M. EPS of $2.13 (-67.87% YoY) misses by $0.01.
Cloudflare Earnings Breakdown ( $NET ) RESULTS ๐ข Revenue: $430M (est $424M) ๐ข EPS: $0.20 (est $0.18) GUIDE ๐ด Q4 Sales: $452M (est $456M) ๐ข Q4 EBIT: $58M (est $48M) ๐ข Q4 EPS: $0.18 (est $0.17) ๐ก FY Sales: $1.662B (est $1.660B) ๐ข FY EBIT: $221M (est $197M) ๐ข FY EPS:โฆ https://t.co/p5Q8blMmSn