:Image-sharing platform Pinterest beat second-quarter revenue estimates on Tuesday as monthly active users surged and digital advertising rebounded from a downturn triggered by an uncertain economy.
Pinterest's revenue for the quarter ended June 30 grew 6 per cent to $708 million, compared with market estimates of $696.1 million, according to Refinitiv data. Pinterest also said it expects current-quarter revenue to grow in the high-single-digit range from a year ago, while analysts estimate growth of 7.7 per cent.
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Pinterest beats quarterly revenue estimates as digital ad market reboundsImage-sharing platform Pinterest beat second-quarter revenue estimates on Tuesday as monthly active users surged and digital advertising rebounded from a downturn triggered by an uncertain economy.Revenue for the quarter ended June 30 grew 6 per cent to $708 million, compared with market estimates of $696
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French company Atos in talks to sell Tech Foundations arm to Kretinsky's EPEIPARIS : French tech company Atos said on Tuesday that it was in talks to sell its Tech Foundations unit to Czech billionaire Daniel Kretinsky's EP Equity Investment (EPEI).Atos said this sale would result in a positive net cash impact of 100 million euros ($109.9 million), and the transfer of 1.9 billion
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