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Pinterest Posts Qtrly Adjusted EPS $0.13
Pinterest Says Qtrly Total Revenue $443 Million, Up 58%
Pinterest Announces Termination Of Future Lease Contract
Pinterest, Inc. is a visual discovery engine. The Company operates a visual discovery platform, where users can create and manage theme-based image collections and share inspirations for their lives. Its visual discovery platform acts like a virtual Pinboard, where people uses pins to share their weddings, home decorating ideas, travel destinations, save images and videos on Web and organize their favorite recipes. Its offered platform is also integrated with image recognition technology, which allows users to take pictures through their smartphones and provides related information and ideas to the object. It offers online marketing services to brands, which allows brands to connect with people on the basis of their shared tastes and interests. It offered Pins include Recipe Pins, Video Pins, Product Pins and Shop the Look.
505 BRANNAN STREET
SAN FRANCISCO, CA
Chairman of the Board, President, Chief Executive Officer, Co-Founder
Co-Founder and Chief Design and Creative Officer, Director
Todd R. Morgenfeld
Chief Financial Officer
General Counsel, Corporate Secretary
Lead Independent Director
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Image-sharing company Pinterest Inc projected a 60% sales growth for the current quarter, off the back of a healthy rebound in ad spending by businesses after the early months of COVID-19 pandemic wreaked havoc in the industry.
Image-sharing company Pinterest Inc beat Wall Street estimates for third-quarter revenue on Wednesday, helped by a rebound in spending on advertisement by businesses after a deep slump in the early months of the COVID-19 pandemic.
Billionaire investor and hedge fund owner Daniel Loeb told clients that one of his portfolios nursed small losses last month but was helped by positions in Snowflake Inc <SNOW.N> and Pinterest Inc <PINS.N>, two fast-growing technology companies.
Image sharing company Pinterest Inc <PINS.N> said advertising demand began to improve in May as it reported better-than-expected quarterly results, sending its shares nearly 28% higher.
Image sharing company Pinterest Inc beat Wall Street estimates for second-quarter revenue on Friday, as more users turned to its platform for content to keep them entertained while under coronavirus lockdowns.
Pinterest Inc on Tuesday said advertisers were slowing spending on the image sharing company due to the COVID-19 pandemic and reported a bigger-than-expected first-quarter loss as costs surged from new user additions, sending its shares down 18% in extended trade.
Image sharing company Pinterest Inc's first-quarter revenue beat estimates on Tuesday, as coronavirus-led lockdowns forced people to stay indoors and seek engagement and entertainment online.
Image sharing company Pinterest Inc beat analysts' estimates for fourth-quarter revenue and profit on Thursday, as efforts to improve user interaction and expand globally paid off, sending its shares surging 17% in extended trading.
Pinterest Inc beat analysts' estimates for fourth-quarter revenue on Thursday, boosted by the online scrapbook company's efforts to attract more monthly active users.
Pinterest Inc <PINS.N> fell short of Wall Street estimates for quarterly revenue on lower-than-expected average revenue per user and its revised full-year sales forecast came marginally below expectations, sending its shares tumbling 19%.
Pinterest Inc on Thursday fell short of Wall Street estimates for third-quarter revenue, sending its shares down 20% in extended trading.
Pinterest Inc users searching for vaccine-related information will be shown results from leading public health groups, in an effort to combat health misinformation on the site, the social media company said in a blog post on Wednesday.
Pinterest Inc <PINS.N> raised its full-year sales forecast and reported second-quarter revenue above Wall Street estimates on Thursday, as the online scrapbook company added more users, sending its shares up 12% in extended trading.
Pinterest Inc reported second-quarter revenue above Wall Street estimates on Thursday, as the online scrapbook company added more monthly active users.
(Corrects to remove reference to Q1 earnings per share view of $-0.11 in fifth bullet as the Refinitiv estimate is not comparable with the number reported by the company) Pinterest Inc:
* 2019 ADJUSTED EBITDA IS EXPECTED TO BE BETWEEN LOSS OF $70 MILLION AND LOSS OF $45 MILLION
Pinterest Inc's shares slumped as much as 17% on Friday after the online scrapbook company's disappointing annual forecast shook investors' faith in its ability to turn in a profit soon.
Pinterest Inc on Thursday forecast 2019 revenue broadly in line with Wall Street targets, disappointing investors who had expected more from the freshly public, high flying stock, and sending its shares down 16 percent.
Pinterest Inc reported a 54% rise in revenue in its first quarterly earnings since going public, as the online scrapbook company added more users.
Shares of Pinterest Inc surged almost 30 percent in their stock market debut on Thursday, valuing the online scrapbook company at around $16 billion and signaling investor appetite for new tech listings.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.