financetom
Business
financetom
/
Business
/
Pinterest Q3 Non-GAAP Earnings, Revenue Rise -- Shares Drop After-Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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

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 >
China's Xiaomi founder expects EV business to turn profitable in H2
China's Xiaomi founder expects EV business to turn profitable in H2
Jun 3, 2025
BEIJING (Reuters) -China's Xiaomi ( XIACF ) founder and CEO Lei Jun said on Tuesday that he expected the company's auto business to turn profitable in the second half the year, according to a company spokesperson. ...
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,...
US-India nearing trade deal as talks progress, commerce secretary says
US-India nearing trade deal as talks progress, commerce secretary says
Jun 3, 2025
NEW DELHI (Reuters) -Trade negotiations between the United States and India are making progress and a deal could be finalised soon, U.S. Commerce Secretary Howard Lutnick said on Monday, as both sides push to conclude talks ahead of a July deadline. You should expect a deal between United States and India (in the ) not-too-distant future because I think we...
Thames Water's bonds tumble to record lows as KKR pulls rescue deal
Thames Water's bonds tumble to record lows as KKR pulls rescue deal
Jun 3, 2025
LONDON, June 3 (Reuters) - Many of Thames water's bonds slumped to record lows on Tuesday after private equity firm KKR said it was dropping out of a rescue deal that would have seen it inject 3 billion pounds of equity into Britain's biggest water provider. KKR's withdrawal sent Thames' 2040 bond down 4 pence in the pound to 69...
Copyright 2023-2026 - www.financetom.com All Rights Reserved