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Pinterest shares drop on weak outlook, revenue miss - TL;DR CNBC

Pinterest shares drop on weak outlook, revenue miss

Publishing timestamp: 2024-02-08 19:41:29


Summary

Pinterest reported disappointing revenue and issued a weaker forecast, causing its shares to drop. However, they beat on earnings and announced a new partnership with Google for third-party app integration. The company's CEO is optimistic about the potential of the partnership to help monetize international markets.


Sentiment: MIXED

Tickers: PINSGOOGLAMZNMETA

Keywords: earningsmobileamazon.com incpinterest incbusiness newsmeta platforms incstock pricesinternetalphabet inctechnologybreaking news: technologysocial media

Source: https://www.cnbc.com/2024/02/08/pinterest-pins-q4-earnings-report-2023.html


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