Categories AlphaGraphs, Earnings, Technology

Pinterest (PINS) reports loss for Q2; revenue up 4%

Image sharing platform Pinterest, Inc. (NYSE: PINS) reported a slightly wider loss for the second quarter of 2020, while revenues increased. It was better than the outcome analysts had predicted.

Pinterest Q2 2020 Earnings Infographic

The company, which went public more than a year ago, reported a loss of $0.07 per share for the June quarter, on an adjusted basis, compared to a loss of $0.06 per share in the year-ago period. Net loss, meanwhile, narrowed to $100.75 million or $0.17 per share from $1.16 billion or $2.62 per share las year.


Looking forward to listening to management/analysts’ comments on Q2 results? Stay tuned here for Pinterest’s Q2 2020 earnings call transcript 


Revenues increased 4% annually to $272.5 million even as the number of global monthly active users grew by 39%. Both revenues and the bottom-line topped expectations.

Most Popular

Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results

Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or

NVDA Earnings: Nvidia Q3 profit jumps, beats estimates

NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues

Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance

Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top