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Pinterest Q3 Non-GAAP Earnings, Revenue Rise -- Shares Drop After-Hours
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Pinterest Q3 Non-GAAP Earnings, Revenue Rise -- Shares Drop After-Hours
Nov 9, 2024 12:42 PM

05:07 PM EST, 11/07/2024 (MT Newswires) -- Pinterest ( PINS ) reported Q3 non-GAAP earnings late Thursday of $0.40, up from $0.28 a year earlier.

Analysts surveyed by Capital IQ expected EPS of $0.34.

Revenue for the quarter ended Sept. 30 was $898.4 million, up from $763.2 million a year earlier.

Analysts polled by Capital IQ expected $896.4 million.

The company said it expects Q4 revenue to be in the range of $1.13 billion to $1.15 billion. Analysts surveyed by Capital IQ expect revenue of $1.14 billion.

Pinterest ( PINS ) shares were down 12% in recent after-hours activity.

Price: 29.49, Change: -4.44, Percent Change: -13.09

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