Airbnb was profitable in the fourth quarter and the shares rallied 13% in Friday trading even as the short-term stay company forecast revenue in 2025 that was slightly below Wall Street expectations. Airbnb earned 73 cents a share in the fourth quarter, compared with a year-earlier loss of 55 cents, as revenue rose 12% to $2.48 billion and topped estimates. Gross booking value in the period rose 13% to $17.6 billion. Airbnb said it anticipates first-quarter revenue of $2.23 billion to $2.27 billion, below analysts’ expectations of $2.29 billion.
Roku jumped 15% in Friday trading. The streaming company reported anarrower-than-expected fourth-quarter lossand revenue of $1.2 billion that topped analysts’ expectations. Streaming households at the end of the quarter were 89.8 million, better than consensus of 89 million. Roku said it sees first-quarter revenue of $1.01 billion, up 14% from a year earlier, and full-year revenue of $4.61 billion. Both forecasts were in line with Wall Street expectations. Roku also said it expects to be operating income positive in 2026.
DraftKings rose 9% in Friday trading after the online sports betting company reported a wider-than-expected fourth-quarter loss but said it wasraising its revenue guidance for 2025to between $6.3 billion to $6.6 billion, compared with its previous outlook of $6.2 billion to $6.6 billion.
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