Benjamin “Ben'” Silbermann, co-founder and chief executive officer of Pinterest.
Patrick T. Fallon | Bloomberg | Getty Images
Pinterest on Thursday reported better-than-expected earnings and revenue for the third quarter despite a decline in monthly users.
The company’s stock rose 6% in extended trading after closing at its lowest in over a year during the regular session.
Here are the key numbers:
- Adjusted earnings per share: 28 cents vs. 23 cents expected by Refinitiv
- Revenue: $633 million vs. $630.9 million expected by Refinitiv
- Monthly active users: 444 million vs. 460 million expected by StreetAccount
- Average revenue per user: $1.41 vs. $1.38 forecast by StreetAccount