Pinterest Q2 Non-GAAP Earnings, Revenue Rise; Q3 Guidance Set

MT Newswires Live08-08

Pinterest (PINS) reported Q2 non-GAAP earnings late Thursday of $0.33 per share, up from $0.24 a year earlier.

Analysts surveyed by FactSet expected $0.35.

Revenue for the quarter ended June 30 was $998.2 million, up from $853.7 million a year earlier.

Analysts polled by FactSet expected $974.9 million.

The company set Q3 revenue guidance of $1.033 billion to $1.053 billion. Analysts polled by FactSet expect $1.03 billion.

Shares of the company were falling past 12% in after-hours activity.

Price: 34.45, Change: -4.72, Percent Change: -12.05

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