Pinterest stock slips after-hours as weak Q1 revenue outlook rattles PINS traders
Pinterest shares fell about 3% in after-hours trading after the company projected first-quarter revenue of $951 million to $971 million, missing analyst estimates. Fourth-quarter revenue rose 14% to $1.319 billion, with global monthly active users up 12% to 619 million. The company recently announced job cuts and a shift of resources to AI teams.