Earnings per share:$400 million, vs. $371 million expected per Refinitiv$1.22, vs. $1.14 forecast by FactSet
Pinterest's 2020 full-year outlook also exceeded analysts' expectations. For the year, Pinterest said it expects revenue to come in at up to $1.52 billion, compared with consensus estimates of $1.5 billion. The results show that Pinterest's recent adjustments to the app seem to be paying off. Last quarter, PinterestCEO Ben Silbermann said the company continued to improve the "foundation of the Pinterest app" in the fourth quarter by strengthening recommendations and the shopping experience, as well as speeding up the performance of the platform. In 2020, Pinterest intends to focus on "delivering relevant content, ads and shopping experiences," he added.
Pinterest said global monthly active users, or MAUs, rose 26% year over year to 335 million. International MAUs climbed 35% to 247 million, while U.S. MAUs increased 8% to 88 million. In recent months, the company has focused on expanding in Europe, after adding six new markets in 2019.
Pinterest es lo mejor, millones de ideas para compartir 👏👍
Pinterest still exists?