Pinterest Revenue Surges on Popularity of Shopping Push [BNN Bloomberg (Canada)]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: BNN Bloomberg
Revenue rose 23% to $740 million in the three months ended March 31, the company said Tuesday in a statement. Analysts had projected $700.3 million, on average. The company reported adjusted earnings per share of 20 cents. That beat the average forecast for 14 cents. The pin board-style search company now has 518 million global monthly users, up 12% from a year ago and crossing the half-billion mark for the first time. More than 40% of Pinterest users are in the demographic cohort known as Gen-Z, generally born since 1997. The shares rose as high as $41.65 in extended trading in New York after closing at $33.45 on Tuesday. San Francisco-based Pinterest has been investing heavily in its digital advertising business, striking partnerships with Amazon.com Inc. and Alphabet Inc.'s Google to help fill inventory and offering more targeted, direct-response ads. Those can be more lucrative than other kinds of marketing because they push users to click on promotions or purchase items ra
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AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/20/24 - Form PX14A6G
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- AMZN's page on the SEC website