The Zhitong Finance App learned that the photo social networking and shopping platform Pinterest (PINS.US) released financial results for the third quarter of 2026 on October 29 (Thursday) local time. Despite a record high of 661 million global active users (MAU) and double-digit net sales growth, the company's revenue for the quarter and adjusted profit both fell short of Wall Street expectations, and the overall revenue guidance for the holiday shopping season (fourth quarter) fell short of analysts' expectations, much to the disappointment of investors. After the financial report was released, Pinterest's stock price experienced heavy selling pressure after the market. At one point, it plummeted by more than 13%, but during the regular trading period, its stock price had already fallen by nearly 5%.
Zhitongcaijing · 2d ago
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The Zhitong Finance App learned that the photo social networking and shopping platform Pinterest (PINS.US) released financial results for the third quarter of 2026 on October 29 (Thursday) local time. Despite a record high of 661 million global active users (MAU) and double-digit net sales growth, the company's revenue for the quarter and adjusted profit both fell short of Wall Street expectations, and the overall revenue guidance for the holiday shopping season (fourth quarter) fell short of analysts' expectations, much to the disappointment of investors. After the financial report was released, Pinterest's stock price experienced heavy selling pressure after the market. At one point, it plummeted by more than 13%, but during the regular trading period, its stock price had already fallen by nearly 5%.
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