Pinterest Shares Plummet After Disappointing Forecast, but Jackie Chan Brings the Laughter

Pinterest Falls Short of Expectations

Looks like Pinterest stumbled and tripped over its own pins! The company issued a weaker than expected forecast and reported disappointing revenue causing its stock to drop in extended trading. Ouch!

The Google Lifesaver

But wait here comes the hero! Pinterest revealed a new Google partnership that helped the stock recover some of its losses. Talk about a lucky break!

Revenue and Earnings Dance

In the financial ring Pinterest's revenue of $981 million did a little cha cha with analyst expectations falling short by $10 million. However the company's earnings of 53 cents per share adjusted beat expectations by 2 cents. It's all about the fancy footwork!

More Users Less Money

Pinterest had a round of applause with its 11% increase in monthly active users reaching a total of 498 million. But when it came to making money the company's global average revenue per user was $2 lower than the analyst estimates of $2.05. Looks like they need to up their game!

First Quarter Fever

Pinterest shared its prediction for the first quarter estimating revenue between $690 million and $705 million. That's a 15% to 17% growth compared to last year. But the midpoint of $697.5 million fell short of the average analyst estimate. Can Pinterest impress the crowd in the next round?

The Rollercoaster Ride

Talk about a wild ride! Pinterest's stock initially plummeted 28% in after hours trading causing hearts to race. But fear not after CEO Bill Ready announced the "third party app integration with Google," the stock made a comeback with a nearly 10% decline. Hold on tight!