Category Archives: Earnings

Airbnb made more than $1 billion in revenue last quarter

Ahead of Airbnb’s expected initial public offering next year, the home-sharing startup announced more than $1 billion in revenue during Q3 2018. Airbnb says this was its strongest quarter to date, where it saw “substantially more” than $1 billion in revenue. Airbnb, however, has been without a permanent chief financial officer since February, when Laurence Tosi left the company amid tension between him and Airbnb CEO Brian Chesky. Since then, Airbnb Head of Financial Planning and Analysis Ellie Mertz has been serving as the interim CFO. According to […]

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Daily Crunch: Tesla is profitable again

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here: 1. Tesla earns its first profit in two years Tesla reported a profit in the third quarter, reversing seven consecutive quarters of losses. This is only the third time in the company’s history that it has achieved this milestone. The turnaround was driven by sales of the Model 3. The company said customers are […]

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