NasdaqGS:ABNBHospitality
Airbnb (NasdaqGS:ABNB) Dips 7% Despite Q4 2024 Net Income Swing To US$461M
Airbnb (NasdaqGS:ABNB) recently announced its Q4 2024 earnings results, reporting sales of $2,480 million and a significant turnaround in net income to $461 million compared to a net loss the previous year. Despite positive revenue growth and improved earnings, the company's shares experienced a 7% price decline over the past month. Contributing factors could include its reduced full-year net income and earnings per share for 2024 compared to 2023. Additionally, the broader market faced...