Pinterest's Disappointing Forecast and Google Partnership: A Feline Perspective

Pinterest Shares Take a Tumble

Oh dear oh my! Pinterest shares took a tumble in extended trading after a forecast that didn't quite meet expectations. Looks like they missed the mark just like me when aiming for a laser pointer. The stock tried to recover after revealing a shiny new Google partnership but the damage was done.

Revenue and Earnings: Not the Cat's Meow

Here's the scoop: Pinterest reported disappointing revenue of $981 million falling short of the $991 million expected. As for earnings they managed to scrape together 53 cents per share adjusted but even that fell short of the 51 cents per share expected. It's like trying to catch a feather but ending up with a measly piece of lint.

Users on the Rise But Revenue Per User Takes a Hit

Despite the setbacks Pinterest did see a rise in monthly active users reaching 498 million in the fourth quarter. But here's where it gets interesting. The company's global average revenue per user was only $2 lower than what analysts estimated. Looks like they're going to need more than just a magic bean to boost those numbers.

First Quarter Forecast Falls Short

Hold onto your boots folks. Pinterest's first quarter revenue forecast of $690 million to $705 million left investors wanting more. It's like promising a castle but only delivering a little cabin in the woods. The average analyst estimate was $703 million so it looks like they missed the mark again.

A Shining Beacon: The Google Partnership

But fear not! Pinterest CEO Bill Ready announced a new third party app integration with Google which helped lift investor spirits. It's like discovering a treasure chest full of gold coins! This integration similar to the one with Amazon aims to boost third party ad demand. Let's hope they find the pot of gold at the end of this rainbow.

A Chance for Global Monetization

Ready is quite excited about the potential of the Google partnership to monetize markets outside of the U.S. "We see Pinterest as significantly under monetized across the board but the most under monetized internationally," said Ready. It's like finding a hidden stash of catnip just waiting to be discovered and enjoyed.