Pinterest: 'We currently expect Q3 revenue to grow in the high single digits range year over year. We expect our Q3 Non-GAAP operating expenses to grow in the low single digits range year over year'
Portfolio Pulse from Benzinga Newsdesk
Pinterest expects its Q3 revenue to grow in the high single digits range year over year. The company also anticipates its Q3 Non-GAAP operating expenses to increase in the low single digits range year over year.
August 04, 2023 | 10:22 am
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Pinterest's Q3 revenue is expected to grow in the high single digits range YoY, while its Q3 Non-GAAP operating expenses are projected to increase in the low single digits range YoY.
The company's projected growth in revenue and controlled increase in operating expenses suggest a positive financial performance for Q3. This could potentially lead to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100