Pinterest Sees Q3 2024 Revenue $885M - $900M; Saw $907.7M
Portfolio Pulse from Benzinga Newsdesk
Pinterest has provided its Q3 2024 revenue guidance, estimating between $885 million and $900 million, which is lower than the $907.7 million it saw previously.
July 30, 2024 | 8:11 pm
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Pinterest has issued a revenue guidance for Q3 2024, estimating between $885 million and $900 million, which is lower than the $907.7 million it saw previously. This could indicate potential challenges in revenue growth.
The lower revenue guidance compared to the previous figure suggests that Pinterest may be facing challenges in maintaining its revenue growth. This could lead to a negative short-term impact on its stock price as investors react to the revised expectations.
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