Pinterest's Q3 FY24 earnings showed 18% YoY revenue growth and 31% YoY Adjusted EBITDA growth, driven by increasing MAUs and advertiser spend. However, investor confidence dropped due to declining ad pricing in international markets and concerns over AI investments impacting profitability, but I see these as temporary issues. I believe its long-term growth story is alive from growing Gen Z user...
Pinterest's Q3 update showed strong fundamentals with 11% user growth and 18% revenue growth, yet the stock fell 16%, presenting a buying opportunity. CEO Bill Ready's focus on AI and platform enhancements has driven significant engagement and monetization improvements, especially among Gen Z users. Due to the price drop and earnings growth, Pinterest's Owner's Yield has increased to 11.7%, ind...
Pinterest (PINS) shares slumped Friday morning after the social media company's third-quarter net income fell short of estimates despite a narrow revenue beat.
Pinterest stock is spiraling Friday as the DIY social media site's weak outlook offsets stronger-than-expected Q3 earnings.
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