Airbnb, Inc. (NASDAQ:ABNB) Q3 2023 Earnings Call Transcript

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Operator: And there are no further questions at this time. I would like to turn the conference back to Brian Chesky for closing remarks.

Brian Chesky: All right. Well, thanks, everyone, for joining today. Just to recap, revenue was $3.4 billion, 18% higher than a year ago. Net income and adjusted EBITDA were both Q3 records. And as well — I just want to — the last thing I want to highlight is our trailing 12-month free cash flow was $4.2 billion. And this represents a free cash flow margin of 44%. And so I just want to call out the real incredible hard work that the team has done over the last 3 years. We’ve been really, really disciplined to try to make this business a cash-generating machine and to be really focused. And I think the team has made some great progress. Next week, we’re going to take a leap forward in making Airbnb more reliable with some big updates as part of our 2023 winter release. So I hope you can tune in. It’s next Wednesday, November 8, to learn more and I’ll see you there.

Operator: And this concludes today’s conference call. Thank you for your participation. You may now disconnect.

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