Pinterest falls short of quarterly revenue estimates

 Pinterest falls short of quarterly revenue estimates

(Reuters) - Pinterest Inc on Thursday fell short of Wall Street estimates for third-quarter revenue, sending its shares down 20% in extended trading.

Total revenue rose about 47% to $279.7 million (£216.24 million), but was below analysts' average estimate of $280.6 million, according to IBES data from Refinitiv.

(Reporting by Akanksha Rana in Bengaluru; Editing by Shailesh Kuber)

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Updated Date: Nov 01, 2019 03:08:12 IST