Popular homestay provider Airbnb, Inc. (ABNB) is gearing up to unveil its fourth-quarter and full-year 2023 financials tomorrow. In the last reported quarter, the company reported a $3.40 billion revenue, registering an 18% year-over-year growth and topping the analyst projection of $3.37 billion.
ABNB’s net income came in at $4.37 billion, up significantly from the prior year’s quarter. However, this included a hefty one-time tax benefit. Moreover, the company expected a turbulent fourth-quarter scenario, as travel demand was anticipated to be affected by geopolitical turmoil and the macroeconomic scenario.
