Pinterest CEO Bill Ready spoke at the 28th Annual Milken College Global Conference in Beverly Hilton, Beverly Hills, California on May 5, 2025.
Patrick T. Fallon | AFP | Getty Images
Pinterest Shares fell more than 10% Thursday after the company reported earnings lost earnings per share in the second quarter.
This is the case with the consensus estimates of LSEG analysts.
- Earnings per share: $0.33 cents adjustment. vs. $0.35 cents expected
- income: $998 million, estimated $975 million
Pinterest’s second-quarter sales rose 17% year-on-year, while net revenue was $38.76 million, up from $8.9 million in the same period.
Pinterest said sales in the third quarter will be between $10.33 billion and $1.053 billion, an estimate analysts estimate at $1.025 billion.
The social media company said it had 578 million global monthly active users in the second quarter, which is the 574.5 million expected in the neighborhood. Pinterest explain In May, there were 570 million active users in the first quarter.
Pinterest’s adjusted earnings, taxes, depreciation and amortization or Ebidta estimates are higher than StreetAccount’s estimated $233 million.
“I am proud of our second quarter results – revenue grew 17% and a quarter of record users,” Pinterest CEO Bill Ready said in a statement. “We are also glad that Gen Z has grown to more than half of our user base.”
Break Stocks fell more than 15% on Tuesday after the company reported Second quarter revenue Among them, the global average revenue for each user missed expectations. Snap’s revenue grew only 9% in the second quarter, well below peers like Reddit and Meta, with their most recent quarterly sales up 78% and 22% respectively.
The company’s CEO Evan Spiegel said in a letter to investors that Snap’s “Topline growth” was negatively affected by factors, including fragile advertising platform updates.
Amazon Report Last Thursday’s second quarter earnings and noted that its online advertising sales rose 23% year-on-year to $15.69 billion. reddit Report The latest revenue of the same day and said second-quarter sales increased 78% year-on-year to $500 million.
letter When it jumps on top and bottom line Report Its second quarter revenue will be on July 23 and Yuan Said on July 30 Second quarter revenue It reached US$47.52 billion. This is 22% higher than the previous year in the same period.
watch: Jim Cramer says.
