Investing com– Pinterest dove in aftehrours trading Thursday as softer current-quarter advice countered better-than-expected Q3 outcomes.
Pinterest Inc (NYSE: PINS) was down greater than 15% in current afterhours trading.
The firm reported adjusted Q3 earnings of $0.40 a share on income of $898.4 million, defeating assumptions of $0.34 and $896.9 M, specifically.
Global month-to-month energetic individuals, or MAUs, reduced 11% year over year to 537M, with typical income per customer climbing 5% year over year to $1.70.
Looking in advance to Q4, the firm stated it anticipated income to be in the series of $1.125 B to $1.145 B, or $1.135 B at the middle, compared to quotes for$ 1.145 B.
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