News Formal

Pinterest stock jumps after earnings beat, prediction of more than $1.5 billion in 2020 revenue

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Pinterest Inc. shares soared more than 15% higher in after-hours trading Thursday after the social-media company reported better earnings and revenue than...

Pinterest Inc.

shares soared more than 15% higher in after-hours trading Thursday after the social-media company reported better earnings and revenue than expected in the fourth quarter and predicted sales would top $1.5 billion in 2020. Pinterest reported a net loss of $35.7 million, or 6 cents a share, on sales of $399.9 million for the fourth quarter, up from revenue of $273.2 million a year ago.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TurboTax, tax-prep companies made $1 billion charging for free services - Business InsiderThe audit suggested juicing the ad budget for a free filing program, but it's unlikely to happen soon given years of deep budget cuts in the IRS. RobertSlateJr Fuckers
Source: BusinessInsider - 🏆 729. / 51 Read more »