Airbnb shares rose more than 3% in premarket trading.
Airbnb Inc on Tuesday forecast better-than-expected first-quarter revenue after the short-term home rental company reported strong quarterly results on rising domestic travel and longer stays by guests at higher prices.
The company, based in San Francisco, California in the United States, expects current-quarter revenue between $1.41bn and $1.48bn, higher than analysts’ estimates of $1.24bn, according to Refinitiv IBES data.
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