Pinterest CEO expresses disappointment with Q3 results as shares fall over 7%
- Pinterest CEO Bill Ready said he was not happy with the company’s third-quarter results.
- Shares fell over 7% after hours, having already closed 4.8% lower on Thursday.
- Sales rose 11.9% to $1.17 billion, against the $1.21 billion analysts had expected.
- Ready blamed a pullback by cross-border sellers after EU rule changes, and Q4 guidance also fell short.
Source: newsable.asianetnews.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
