Pinterest shares fall on lukewarm sales guidance

Pinterest experienced a stock price decline in extended trading following its earnings announcement, despite delivering results that exceeded analyst expectations in several areas. The social media platform reported revenue growth of 18% compared to the prior year, reaching approximately $1 billion in sales. The company posted a net loss of $47 million, or 8 cents per share, compared to net income of 38.76 million, or 6 cents per share, in the same period a year earlier.
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