economy
Pinterest shares fall on lukewarm sales guidance
Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.
TL;DR
- Pinterest exceeded expectations for second-quarter earnings.
- Revenue for the second quarter also came in better than anticipated.
- The company's sales forecast for the next period was in line with estimates.
- Despite strong Q2 performance, the forecast may have tempered investor enthusiasm.