Despite these positive results, Pinterest's EPS fell short at $0.56, missing the $0.64 estimate. The deviation is attributed to high operating expenses, notably in share-based compensation.
The move to profitability was primarily driven by lower expenses. EPS: US$2.74 (up from US$0.053 loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed ...
Overall, the quarter showcased robust user growth but was marred by slower-than-expected EPS growth. Pinterest, a popular platform that allows users to discover and save creative ideas ...