Have you ever heard of Airbnb (ticker symbol: ABNB), a U.S. stock?
It is a company that operates a private accommodation business around the world.
In this article, I will introduce the company’s financial results for the period from April to June 2021, which were announced on August 12, 2021.
Financial Results for April to June 2021
EPS: -11¢ vs. -43¢ expected.
Net sales: $1.34 billion vs. forecast of $1.27 billion.
Sales growth rate was +298.7% YoY.
Unit price was $161.45. In the same period last year, it was $114.18.
Net income was -$68 million. In the same period last year, it was -$576 million.
Net income margin was -5%. In the same period last year, it was -172%.
Operating cash flow was $791 million. Cash flow from operations was $791 million, compared with $256 million in the year-ago quarter.
Free cash flow was $784 million. Free cash flow was $784 million compared to $263 million in the same period last year.