ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

TWTR Twitter Inc

53.70
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Twitter Inc NYSE:TWTR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 53.70 0 01:00:00

Pinterest's Revenue Soars as Pandemic Boosts Engagement

28/10/2020 8:36pm

Dow Jones News


Twitter (NYSE:TWTR)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Twitter Charts.
By Sarah E. Needleman 

Pinterest Inc. posted strong revenue and user growth in the third quarter, as the social-media company saw significantly greater pandemic-fueled engagement than it did in the spring and said it benefited from an advertiser boycott at Facebook Inc.

The image-sharing company that makes money exclusively through advertising sales said revenue rose 58% from a year earlier to $443 million, compared with 4% growth in the second quarter. Analysts surveyed by FactSet expected sales of $383 million.

An advertiser boycott against Facebook over the summer helped Pinterest, the company said. But it added that it isn't clear how long that trend will last, particularly after the U.S. presidential election takes place. Facebook and Twitter Inc. report third-quarter results Thursday.

Write to Sarah E. Needleman at sarah.needleman@wsj.com

 

(END) Dow Jones Newswires

October 28, 2020 16:21 ET (20:21 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year Twitter Chart

1 Year Twitter Chart

1 Month Twitter Chart

1 Month Twitter Chart

Your Recent History

Delayed Upgrade Clock