Airbnb Hit Record Income and Revenue In Q3
Following a largely travel-less 2020, the short-term rental giant is reaping the rebound rewards
Following a largely travel-less 2020, the short-term rental giant is reaping the rebound rewards
The company also suffered a net loss of $18.9 million
Q3 revenue nearly doubles year-over-year, with a 70 percent gross profit increase
The real estate portal still did post a $328 million loss last quarter—and the market had a strong reaction
The move will include a 25 percent staff reduction over the course of the next many months
The figure represents a 17 percent year-over-year increase
Q2 numbers show the lender brought in $59.2 billion in loans between April-June
Agent count for the company was up 53 percent to 6,950 professionals
The second quarter report does show significantly lower losses than the $1 billion hit in Q1
Net income was down to $144 million, compared to $270 million in Q1 of this year
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