Pinterest reports smaller Q1 loss but guidance drags stock

Pinterest reports smaller Q1 loss but guidance drags stock

Pinterest on Thursday forecast 2019 revenue broadly in line with Wall Street targets, disappointing investors and sending its shares down 16 per cent. The company expects full-year revenue between $1.055 billion and $1.08 billion, slightly above analysts’ estimate of $1.06 billion. Net loss in the first quarter narrowed to $41.4 million from $52.7 million a year earlier.

KCooper
KCooper
Bryan_with_a_why
Bryan_with_a_why 8 months

Their website is such garbage that I end up closing it whenever I find pics I want to see on it. Log in pop up that can't be closed so I just close the whole browser. And if I remember correctly you also cannot save pictures? In any case, I am surprised they have any revenues. Who still uses Pinterest?

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