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Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange.
Michael Nagle | Bloomberg | Getty Images
Pinterest shares soared over 12% in extended trading after the company reported third-quarter earnings.
Here’s how the company did.
- Earnings: 11 cents per share (adjusted) vs. 6 cents per share (adjusted) expected, according to Refinitiv.
- Revenue: $684.6 million vs. $666.7 million expected, according to Refinitiv.
Pinterest said its revenue grew 8% year-over-year on a loss of $65 million.
The company’s monthly average users remained relatively flat at 445 million.
“Our current expectation is that Q4 2022 revenue will grow mid-single digits on a year-over-year…
Source cnbc.com
