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Stock impact report

Pinterest Q3 Earnings Miss Estimates Despite Y/Y Revenue Growth [Yahoo! Finance]

Pinterest, Inc. Class A (PINS) 
Company Research Source: Yahoo! Finance
The San Francisco-based Internet content provider reported revenue growth year over year, driven by strong momentum in all regions. Management's focus on improving shoppability and monetization potential across the platform and the incorporation of advanced AI-integrated tools to support advertisers and retailers led to top-line growth. PINS' Net Income On a GAAP basis, net income was $92.1 million, or 13 cents per share, compared to an income of $30.5 million, or 4 cents per share, in the prior-year quarter. Top-line growth led to an improvement in net income. Non-GAAP net income was $262.9 million, or 38 cents per share, up from $223.3 million, or 32 cents per share, in the year-ago quarter. The bottom line fell short of the Zacks Consensus Estimate by 2 cents. Pinterest, Inc. Price, Consensus and EPS Surprise Pinterest, Inc. price-consensus-eps-surprise-chart | Pinterest, Inc. Quote PINS' Q3 Revenues During the quarter, revenues rose to $1.049 billion from $898.4 mill Show less Read more
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