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The short-term rental company now expects full-year revenue growth of at least mid-teens, up from its prior outlook of low- to mid-teens
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Airbnb $ABNB raised its full-year revenue forecast on Thursday after second-quarter results exceeded expectations, citing strong demand across all regions of its platform.
Airbnb updated its annual guidance to call for revenue growth of at least mid-teens, a step up from the low- to mid-teens range it had previously communicated. It also raised its full-year adjusted EBITDA margin outlook to at least 35.5%. In the third quarter, the company expects to bring in between $4.69 billion and $4.77 billion in revenue, which would translate to year-over-year growth of 15% to 17%.
