https://www.cnbc.com/2022/08/01/pinterest-earnings-q2-2022html.html Pinterest said global monthly active users declined by 5% from a year earlier to 433 million. While that sort of drop-off is troubling for a social media app that relies on eyeballs to attract advertisers, analysts were expecting a steeper decline to 431 million.
This is the way
The stock was $86 in Feb 2021, it's now $24 after-hours.
Most of us are still underwater compared to our initial packages.
Guidance was positive. Users are going up, engagement up, shopping platform in the works..
Users are down 8% YoY in US and Can, 5% globally.
Correct, but guidance refers to future outlook. Pins has guided future quarters up
Emm.. Hard to believe there are new users
U mad?
I went all in on PINS shares in my 401k today before market close so I'm happy about the after-hours increase.
Then why are you complaining that we are up?
Thanks! Much better than have a 20% decline yoy in revenue like you guys.
Block had 20% decline yoy in revenue?
Are you joking? You work there and don't this? It was a bit over 20% actually
We the best stock. Now is the time to buy folks!!!! The bottom is in 🚀
We are so envious of PInterest. Despite that Snap has 13% yoy growth, 15 million DAU increase and more revenue, PInterest share went up…
We need to get a new CEO. Investors lost all confidence
Snap has potential but it seems like your CEO keeps wasting $ on dumb moonshots.
WTF....We had better earnings and much rosier engagement growth than PINS.
Snap had positive user growth but you guys are bleeding money like no tomorrow.
@Snap It’s about the cash burn with no plans to step it.