Pinterest beats revenue estimates as AI tools drive ad spend

Pinterest is winning over Gen Z and finding success with AI, but the stock price is down double digits today

Pinterest reported its second-quarter earnings on Thursday, August 7, and, in many ways, it was good news—though you wouldn’t know it from how much its shares have dropped. Here’s what to know: What did Pinterest report? The social media company’s global revenue rose to $998.2 million from $853.6 million year-over-year (YOY). The 17% jump beat Wall Street’s expectations of $975 million, according to consensus estimates cited by CNBC. Its net inc…

Pinterest Beats Revenue Estimates as AI Tools Drive Ad Spend

Pinterest beats revenue estimates as AI tools drive ad spend

Pinterest beat analysts' estimates for second-quarter revenue on Thursday, as increased marketing spend on the platform was fueled by its artificial intelligence-powered advertising tools.

Pinterest stock falls 10% after earnings miss

Pinterest reported second-quarter earnings on Thursday in which it beat on sales but missed on earnings per share.

Pinterest Q2: Revenue Beats, EPS Misses, Users Hit Record, Shares Drop - Pinterest (NYSE:PINS)

Pinterest reports second-quarter revenue of $998.23 million, beating estimates of $974.01 million, according to Benzinga Pro.

Should You Buy the Post-Earnings Dip in Pinterest Stock?

Pinterest stock slips despite reporting better-than-expected revenue and user growth in Q2. BofA analyst says PINS shares could climb significantly to $44.