Expenses Were 1 of the Only Things That Didn't Surge Higher for Airbnb in Q3
Airbnb's (NASDAQ: ABNB) third-quarter earnings report was released after the market closed on Nov. 4. The announcement showed a strong rebound in nearly every business metric at the unique travel company.
Airbnb's business was devastated at the pandemic onset as people understandably were less willing to get on a plane or train to travel. The company took the opportunity to lower costs and make the business more efficient. The hard work is paying off as lower expenses allowed Airbnb to generate record profits.
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Source Fool.com
