Pinterest beats revenue estimates as users surge during lockdowns

Pinterest also benefited from its updated shopping feature, with the percentage of users who visited shopping-only feeds growing more than 50% in the first half of the year. It forecast year-over-year revenue growth for July of about 50% through July 29th. Pinterest’s total revenue rose 4% to $272 million, beating analysts’ average estimate of $251.2 million. …read more

Source:: Yahoo Finance

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