Airbnb (ABNB) reported first-quarter results that exceeded estimates, as virus-related restrictions eased further and helped lift business. The company also reported its first quarter of positive adjusted EBITDA even as it navigated a jump in Omicron cases at the beginning of this year and international disruptions due to Russia’s invasion of Ukraine.
Shares of Airbnb rose 6.5% in after-hours trading immediately following the results.
Here’s what the lodging company posted in fiscal…
Source link
