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.

Also Read:  A visual dashboard of Snap Inc (SNAP) Q2 2020 earnings results

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