Pinterest Shares Fall on Disappointing Revenue Outlook Despite Strong Q2 Results
Macro·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.
Pinterest Inc. gave a revenue outlook for the current quarter that disappointed investors worried about the company’s momentum despite posting strong user and revenue growth for the prior period.
Pinterest
Sources
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SourceReports the news
“Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.”
CNBC — Pinterest shares fall on lukewarm sales guidance“Pinterest Inc. gave a revenue outlook for the current quarter that disappointed investors worried about the company’s momentum despite posting strong user and revenue growth for the prior period.”
Bloomberg — Pinterest Revenue Outlook Disappoints Investors; Shares Slide