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Pinterest expenses skyrocket during the second quarter

by Editor August 2, 2023, 4:09 am 999 Views

Pinterest expenses skyrocket during the second quarter

A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning Pinterest made its initial public offering, April 18, 2019.

Spencer Platt | Getty Images News | Getty Images

Pinterest shares sank about 4% after the company’s second-quarter earnings report revealed expenses grew faster than revenue.

Here’s how the company did.

Revenue: $708 million vs. $696 million expected, according to Refinitiv.
Earnings:…

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Posted by Editor

At UMich, AI-based fraud, waste and abuse system aims to cut costs and protect patients

At UMich, AI-based fraud, waste and abuse system aims to cut costs and protect patients

James Forrest played 49 minutes of his testimonial game as Celtic beat Athletic Bilbao 3-2 at Parkhead

Celtic 3-2 Athletic Bilbao: Brendan Rodgers makes first return to Celtic Park dugout in James Forrest testimonial win

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