Pinterest CFO Julia Donnelly Says Expects 600 Basis Points Of Adjusted EBITDA Margin Expansion For Full Year 2023
Portfolio Pulse from Benzinga Newsdesk
Pinterest CFO, Julia Donnelly, has projected a 600 basis points expansion in the company's adjusted EBITDA margin for the full year 2023 during a conference call.
October 30, 2023 | 9:00 pm
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Pinterest's CFO expects a significant increase in the company's adjusted EBITDA margin for 2023, which could indicate strong future profitability.
The CFO's projection of a 600 basis points expansion in Pinterest's adjusted EBITDA margin for 2023 suggests that the company expects to improve its profitability significantly. This could be a positive signal to investors, potentially leading to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100