Pinterest set to report earnings after the bell

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Pinterest is set to release its second quarter earnings after markets close on Thursday.

The company said it expects to report revenue between $1.06 billion and $1.08 billion for its full-year 2019, which was below the $1.07 billion forecast by analysts surveyed by FactSet.

In its latest quarterly results, Pinterest experienced greater growth in international markets than in the U.S. International monthly active users rose 29% quarter-over-quarter to 206 million, compared to a 6% increase in U.S. MAUs to 85 million. International revenue jumped 114% from the same period last year, while revenue in the U.S. rose 51% quarter-over-quarter.

Pinterest said in May it saw significant growth in countries like the U.K. and Canada. The company is now focused on expanding in Europe, after opening in six new markets earlier this year.

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