Airbnb posts Q3 revenue beat, slight profit miss. Here's why.

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Airbnb (ABNB) revealed a mixed third quarter performance after Thursday's market close, posting third quarter revenue of $3.73 billion — just above estimates of $3.72 billion — and adjusted earnings of $2.13 per share — just barely below forecasts of $2.15. The home and experience booker's stock is rising in extended hours (at the time of this video's posting) as the company raised its fourth quarter guidance.

Yahoo Finance special reporter Akiko Fujita breaks down the earnings print, detailing Airbnb's growth in gross bookings value and nights booked.

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This post was written by Luke Carberry Mogan.