(AOF) – Pinterest announced that it expects revenue for the current quarter to be between $690 and $705 million, which is lower than the $702.6 million estimated on average by analysts. The image platform reported adjusted earnings per share of 53 cents, beating consensus: 51 cents. Still, its revenue of $981.3 million was slightly lower than the expected $990.18 million. The company posted a strong adjusted EBITDA margin of 37%, higher than the 36.2% expected by analysts.
The number of monthly active users of the platform in the United States and Canada reached 97 million, higher than the expected 96.25 million.
In Europe, the number of monthly active users came in at 135 million, more than the forecast of 129.79 million, and in the rest of the world, the number of users was 266 million, beating the estimate of 260.88 million.
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