Pinterest quarterly revenue, forecast disappoint; shares plunge

Pinterest quarterly revenue, forecast disappoint; shares plunge

5 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-pinterest-results/pinterest-quarterly-revenue-forecast-disappoint-shares-plunge-idUSKBN1XA2L7

Pinterest Inc 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 20%.

Pinterest quarterly revenue, forecast disappoint; shares plunge

Oct 31, 2019, 10:34pm UTC
https://www.reuters.com/article/us-pinterest-results/pinterest-quarterly-revenue-forecast-disappoint-shares-plunge-idUSKBN1XA2L7 >Pinterest Inc 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 20%.