Pinterest Inc ( PINS ) reported financial results for the second quarter Thursday after the bell. Here’s a look at the key details from the print.

Q2 Earnings: Pinterest ( PINS ) reported second-quarter revenue of $998.23 million, beating estimates of $974.01 million, according to Benzinga Pro. The idea discovery platform company posted second-quarter adjusted earnings of 33 cents per share, missing analyst estimates of 35 cents per share.

Total revenue was up 17% on a year-over-year basis as Pinterest's ( PINS ) global monthly active users increased 11% year-over-year to 578 million. Average revenue per user in the second quarter was $1.74 globally and $7.29 in the U.S. and Canada.

Net cash from operations totaled $208 million in the quarter, and free cash flow came in at $197 million. The company ended the period with approximately $1.22 billion in cash and cash equivalents.

“We’ve found our best product market fit ever by becoming a personalized shopping destination for users and an AI-powered performance platform for advertisers. With this focus, we believe we’re well-positioned to further capture market share,” said Bill Ready, CEO of Pinterest ( PINS ).

What’s Next: Pinterest ( PINS ) sees third-quarter revenue of $1.03 billion to $1.05 billion versus estimates of $1.02 billion. The company expects third-quarter adjusted EBITDA of $282 million to $302 million.

Pinterest’s management team plans to provide more details on the company's forward guidance on its earnings call, which started at 4:30 p.m. ET.

PINS Price Action: Pinterest ( PINS ) shares were down 10.39% in Thursday’s after-hours session, trading at $35.10 at publication time, according to Benzinga Pro.

Read Next:

‘Zuck Poaching Effect’ Pushes OpenAI To Announce $1.5 Million Bonus For All Employees—Even New Hires, Says Tech Entrepreneur