{
  "id": 147738,
  "title": "Pinterest shares fall on lukewarm sales guidance",
  "url": "https://urgent.news/2026/08/04/pinterest-shares-fall-on-lukewarm-sales-guidance-147738",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-04T22:06:54.000Z",
  "source": {
    "name": "CNBC Technology",
    "slug": "cnbc-technology",
    "url": "https://www.cnbc.com/2026/08/04/pinterest-pins-q2-earnings-report-2026.html"
  },
  "original_language": "en",
  "account": "Pinterest shares declined 7% in extended trading on Tuesday following the company's announcement of solid earnings but less optimistic sales guidance. Earnings surpassed expectations, with sales increasing 18% to $998.2 million, while the net loss narrowed to $47 million or 8 cents per share. This marks an improvement from the previous year where the company reported a net loss of $47 million. CEO Bill Ready highlighted the platform's scale and strength in a statement. Revenue guidance for the current quarter ranges between $1.19 billion and $1.21 billion, in line with analyst expectations. The company cited a modest foreign exchange impact and the shift of Amazon's Prime Day from Q3 to Q2 as factors affecting third-quarter guidance. Adjusted earnings for Q2 topped projections, reaching $311 million, with 640 million global monthly active users and a global average revenue per user of $1.86, beating estimates. Pinterest CEO Bill Ready also discussed the company's utilization of open-source artificial intelligence models, emphasizing their cost-effectiveness and strategic importance. Despite the growth in AI adoption, Donnelly warned that AI-related compute and token spend are expected to rise, with investments considered ROI positive and planned in the outlook provided.",
  "summary": "Pinterest reported better-than-expected earnings and revenue for the second quarter, though its forecast was online in line with estimates.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}