FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Pinterest, Inc. Shares Plummet Upon U.S. Monthly User Decline”
Pinterest, Inc. (NYSE: PINS) dropped over 17% in premarket trading after the company released its second-quarter results which showed a decline in monthly users.
While Pinterest reported revenues of 613 million dollars, beating analyst estimates of 562.1 million dollars, the Company disappointed with 454 million global monthly active users, compared to the 482 million user forecast.
Pinterest is the visual discovery engine. It is where you find and do what you love. With Pinterest, you can discover useful and relevant things that inspire you to do stuff.
For more information, please visit: Pinterest, Inc.
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