financetom
Business
financetom
/
Business
/
Pinterest Q2 Earnings, Revenue Rise; Q3 Revenue Outlook Set; Shares Slump After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Pinterest Q2 Earnings, Revenue Rise; Q3 Revenue Outlook Set; Shares Slump After Hours
Jul 30, 2024 2:09 PM

04:33 PM EDT, 07/30/2024 (MT Newswires) -- Pinterest ( PINS ) reported Q2 non-GAAP earnings Tuesday of $0.29 per share, up from $0.21 a year earlier.

Analysts polled by Capital IQ expected $0.28.

Revenue in the quarter ended June 30 rose to $853.7 million from $708 million a year ago.

Analysts surveyed by Capital IQ expected $848.1 million.

The company expects Q3 revenue of $885 million to $900 million.

Analysts polled by Capital IQ expect $909.5 million.

Shares of the company tumbled 15% in recent after-hours trading.

Price: 31.85, Change: -5.50, Percent Change: -14.74

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BioCryst Pharmaceuticals' Q2 Adjusted Earnings Swings to Profit, Revenue Rises; Maintains 2025 Guidance
BioCryst Pharmaceuticals' Q2 Adjusted Earnings Swings to Profit, Revenue Rises; Maintains 2025 Guidance
Aug 4, 2025
07:53 AM EDT, 08/04/2025 (MT Newswires) -- BioCryst Pharmaceuticals ( BCRX ) reported Q2 adjusted earnings Monday of $0.15 per diluted share, compared with $0.00 a year earlier. Analysts surveyed by FactSet expected $0.01. Revenue for the quarter ended June 30 was $163.4 million, compared with $ 109.3 million a year earlier. Analysts surveyed by FactSet expected $149.8 million. The...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Obsidian Energy to Sell 32.7% Stake in InPlay Oil to Delek Group
Obsidian Energy to Sell 32.7% Stake in InPlay Oil to Delek Group
Aug 4, 2025
07:53 AM EDT, 08/04/2025 (MT Newswires) -- Obsidian Energy ( OBE ) said Monday it signed an agreement to sell its nearly 32.70% stake in InPlay Oil Corp to Delek Group for an aggregate CA$91.4 million ($66.3 million). Under the terms of the agreement, Delek Group will buy about 9.1 million shares in InPlay Oil Corp at CA$10.00 per share,...
IDEXX Laboratories raises annual forecasts on strong demand for pet diagnostics
IDEXX Laboratories raises annual forecasts on strong demand for pet diagnostics
Aug 4, 2025
Aug 4 (Reuters) - IDEXX Laboratories ( IDXX ) raised its full-year profit and revenue forecasts on Monday after reporting better-than-expected second-quarter results, driven by strong demand for its veterinary diagnostic equipment and services. Shares of the Westbrook, Maine-based animal diagnostics maker rose about 8% in premarket trading. Analysts expect veterinary clinic visits to rebound over the next few years,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved