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Benzinga

Business

Anusuya Lahiri

Airbnb Impresses With Earnings, Yet Wall Street Flags Travel Headwinds And Tougher Comps

Airbnb Bernie McTernan Scott Devitt Eric Sheridan ABNB Goldman Sachs Needham Wedbush

Airbnb

Airbnb (NASDAQ:ABNB) shares are trading lower on Thursday after the company warned of a deceleration in growth during the latter half of this year.

The online marketplace for vacation rentals released its second-quarter results on Wednesday. It reported $3.1 billion in revenue, up 13% year-over-year, and ahead of consensus estimates at $3.03 billion. It reported a profit of $1.03 per share, which again beat analyst estimates at 93 cents per share.

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USMNT Player Ratings vs. Canada: American Boys See Out Perfect Fall Window

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Haiti postpones elections indefinitely as gang violence hampers preparations

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Haiti has indefinitely postponed elections scheduled for December and February, the electoral council said Tuesday, citing technical and operational requirements as gang violence continues to disrupt preparations. The delay leaves Haitians without a vote as authorities struggle to register voters and secure areas needed for the poll.

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