Pinterest reports Q4 revenue up 12% YoY to $981.3M, vs. $991M est., MAUs up 11% to 498M, vs. 487M est., and a weaker-than-expected Q1 forecast; PINS drops 5%+ (Jonathan Vanian/CNBC) 08-02-2024

Jonathan Vanian / CNBC:
Pinterest reports Q4 revenue up 12% YoY to $981.3M, vs. $991M est., MAUs up 11% to 498M, vs. 487M est., and a weaker-than-expected Q1 forecast; PINS drops 5%+ — – Pinterest missed on sales but beat on earnings in its fourth-quarter earnings report. — The company also issued a weaker-than-expected forecast.