Previous close | 2.0100 |
Open | 1.1200 |
Bid | 1.0100 |
Ask | 1.1000 |
Strike | 27.50 |
Expiry date | 2025-01-17 |
Day's range | 1.0000 - 1.1200 |
Contract range | N/A |
Volume | |
Open interest | 2.8k |
Pinterest (PINS) reported first quarter results that topped Street estimates on both the top and bottom lines. The company reported adjusted earnings of $0.20 per share versus a $0.14 estimate. Revenue of $740.0 million was better than the $700.3 million estimate. Pinterest reported having 518 million monthly active users compared to an estimated 503.75 million. Average revenue per user of $1.46 topped estimates of $1.39. Yahoo Finance's Julie Hyman and Josh Lipton break down the social media company's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Pinterest stock jumped late Tuesday, after the social media company reported Q1 results that easily beat views.
(Bloomberg) -- Pinterest Inc. gained the most in more than three years after the company reported first-quarter sales and user growth that surpassed Wall Street’s expectations, bolstered by a push into shopping and a focus on Gen Z users. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesFed to Signal Delay of Interest-Rate CutsThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Eco