Airbnb (ABNB) reported Q1 FY2023 earnings of $0.18 per share (versus -$0.03 per share in Q1 FY2022), beating analysts’ consensus estimate of $0.10 per share.
The company’s quarterly revenues amounted to $1.818 bln (+20.5% y/y), beating analysts’ consensus estimate of $1.787 bln.
The company also issued in-line guidance for Q2 FY2023, seeing revenues of $2.35-2.45 bln versus analysts’ consensus estimate of $2.42 bln.
ABNB fell to $109.20 (-14.06%) in pre-market trading.
