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IPO-8.3% after hours
Pinterest Beats Q2, Falls 8% on Soft Q3 Outlook
Pinterest topped Q2 revenue and EPS estimates, but shares fell more than 8% in after-hours trading after Q3 guidance came in below what investors wanted to see.
IPO
Pinterest Beats the Quarter, Falls 7% on Guidance
IPO$1.18B Q2 revenue
Pinterest Beats the Quarter, Falls 7% on Guidance
Pinterest beat Q2 revenue and user growth estimates, but shares fell 7% after the company guided to Q3 revenue growth decelerating to 13-15% amid intensifying ad competition from Instagram.