Airbnb Beats Revenue Forecast, Misses Profit, Raises Outlook

Airbnb reported first-quarter revenue of $2.68 billion, surpassing analyst expectations, but fell short on profit. The home-sharing platform raised its full-year growth forecast to low-to-mid teens, signaling confidence in continued recovery. The earnings beat was driven by strong travel demand, though higher costs weighed on profitability. The company's outlook reflects optimism for the remainder of the year.