💨 Abstract

Pinterest's Q4 revenue forecast disappointed investors, falling short of expectations for growth during the holiday shopping season, resulting in a 14% drop in share price. The company's revenue growth of 18% to $898.4 million, while slightly exceeding estimates, pales in comparison to the robust ad spending-driven Q3 revenue growth reported by digital ad giants such as Google, Meta Platforms, Reddit, and Snap.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖