Pinterest gives weak holiday forecast as it lags behind peers
PINTEREST fell in late trading after forecasting weak sales for the holiday quarter, a sign the search and discovery network is struggling to keep pace with larger peers such as Meta Platforms and Sna...
Pinterest forecasts downbeat revenue as competition grows; shares slump
PINTEREST forecast current-quarter revenue below Wall Street expectations on Tuesday (Jul 30) as the image-sharing platform faces tough competition in a stabilising digital advertising market, sending...
Pinterest revenue surges on popularity of shopping push
Pinterest 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. Shares soared more than 20 per cent in e...
Pinterest weak forecast signals intense competition for ad dollars, shares slump
PINTEREST forecast first-quarter revenue largely below Wall Street estimates on Thursday, a sign that it faces tough competition from larger social media players even as the digital advertising market...
Pinterest soars on rising Gen Z engagement, ad market rebound
SHARES of Pinterest surged 17 per cent on Tuesday (Oct 31) after a strong quarterly performance indicated that the image-sharing platform was riding a rebound in the advertising market and making inro...
Pinterest beats quarterly estimates on ad market recovery; shares up
PINTEREST beat estimates for third-quarter revenue and profit on Monday (Oct 30), as a stabilising digital advertising market helped draw marketers to the image-sharing platform, sending its shares up...
Pinterest’s ad woes hurt revenue growth, shares slump
PINTEREST forecast second-quarter revenue growth below Wall Street estimates on Thursday (Apr 27), as the image-sharing platform grapples with a pullback in advertising spending, sending its shares do...
Pinterest cuts about 150 jobs, joining flurry of tech layoffs
PINTEREST is laying off about 150 employees, the latest technology company to cut costs in a turbulent time for an industry that expanded rapidly over the past few years.
