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Airbnb pops more than 14%, its best day ever, on earnings beat

Airbnb reported adjusted earnings per share of $0.74, beating the $0.58 expected by analysts polled by FactSet.
The company reported $461 million in net income, a significant increase from a $349 million loss during the same period last year.
Gross bookings reached $17.6 billion for the quarter, surpassing the anticipated $17.2 billion and marking a 13% year-over-year increase.
Significant growth in international travel, especially in Asia and Latin America, contributed to Airbnb's strengthened performance.

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Newser

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Bloomberg

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