Pinterest Outlining Mid-High Teen Rev CAGR Over 3-5 Years And Low 30s Adj EBITDA Margins In 3-5 Years
Portfolio Pulse from Benzinga Newsdesk
Pinterest has outlined its financial projections for the next 3-5 years, expecting a mid-high teen revenue compound annual growth rate (CAGR) and low 30s adjusted EBITDA margins.
September 19, 2023 | 5:00 pm
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Pinterest's financial projections for the next 3-5 years indicate a positive outlook with expected growth in revenue and adjusted EBITDA margins.
The company's projected mid-high teen revenue CAGR and low 30s adjusted EBITDA margins over the next 3-5 years suggest a positive financial outlook. This could potentially attract investors, driving up the stock price in the short term.
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