shares were down more than 10% on Thursday after the company reported second-quarter earnings that missed on earnings per share.
Here’s how the company did, compared to analysts’ consensus estimates from LSEG:
Sales in Pinterest’s second quarter grew 17% year-over-year while net income was $38.76 million, up from $8.9 million a year ago during the same period.
Pinterest said that third-quarter sales will come in between $1.033 billion to $1.053 billion, topping analyst estimates of $1.025 billion.
