Categories AlphaGraphs, Leisure & Entertainment
A visual representation of Pinterest (PINS) Q1 2020 earnings
![Pinterest Q1 2020 earnings](https://cdn.news.alphastreet.com/wp-content/uploads/2020/05/Pinterest-investor-relations.png)
Pinterest, Inc. (NYSE: PINS) on Tuesday reported first-quarter financial results after the closing bell. The company missed analysts’ consensus on earnings by a cent in Q1.
CFO Todd Morgenfeld said, “The spread of COVID-19 has certainly had an impact on our business and the businesses of our advertisers, but we remain optimistic about the future. While we’ve been adapting to the current environment, we will continue to invest in our strategic priorities of content, ads diversification, use case expansion and shopping. We’re committed to delivering inspiration to our users and measurable results to businesses.”
PINS shares fell 8% immediately following the announcement. The stock has declined 30% in the trailing 12-months.
Peer review
Most Popular
Broadcom (AVGO) reports higher Q3 revenue and profit; results beat estimates
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) reported higher revenues and adjusted earnings for the third quarter of 2024 amid continued strong demand. The Q3 numbers also topped expectations. Earnings, excluding
Key takeaways from Hewlett Packard’s (HPE) Q3 2024 earnings report
Hewlett Packard Enterprise (NYSE: HPE) has delivered stronger-than-expected third-quarter results amid significant conversion in AI system revenues. The prospects for the company's AI server and edge computing businesses look promising
Hormel Foods (HRL): Factors that put a damper on the food company’s Q3 performance
Shares of Hormel Foods Corporation (NYSE: HRL) were up over 2% on Thursday. The stock is recovering from a fall it took a day ago after the company delivered mixed