Pinterest Announces Second Quarter 2020 Results
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Pinterest Inc (PINS) on a Path 'North of $40' - Deutsche Bank
July 31, 2020 11:39 AM EDTDeutsche Bank analyst Lloyd Walmsley said Pinterest Inc (NYSE: PINS) is on a path north of $40/share and would add to positions.
The analyst commented, "We would add to Pinterest positions, despite the surge today, as Pinterest 2Q results and outlook... More
Pinterest (PINS) Tops Q2 EPS by 6c, Revenues Beat
July 31, 2020 7:31 AM EDTPinterest (NYSE: PINS) reported Q2 EPS of ($0.07), $0.06 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $272 million versus the consensus estimate of $251.24 million.
Q2 revenue grew 4% year over year to $272 million.Global Monthly Active Users (MAUs) grew 39% year over year to 416 million.GAAP net loss was $(101) million for Q2. Adjusted EBITDA was $(34) million.This quarter we reached a milestonemore than 400 million people now come to Pinterest every month to get and stay inspired, said Ben Silbermann, CEO and co-founder, Pinterest. In... More
