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Pinterest Q2 Earnings, Revenue Rise; Q3 Revenue Outlook Set; Shares Slump After Hours
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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

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