Pinterest Plunges on Soft Guidance. Is This a Golden Opportunity to Buy the Dip? [Yahoo! Finance]
Netflix, Inc. (NFLX)
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Source: Yahoo! Finance
Then, the stock took another hit following its third-quarter results as investors disliked the company's fourth-quarter guidance. Let's examine Pinterest's most recent results and guidance to see if this is a golden opportunity to buy the stock on the dip. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Pinterest turned in another solid quarter of revenue growth, with its top line rising 18% to $898.4 million. However, it marked a continued deceleration of growth from 23% in Q1 and 21% in Q2. U.S. and Canada revenue grew 16% to $719 million, while European revenue climbed 20% to $137 million. Revenue from the rest of world (ROW) segment jumped 38% to $42 million. Monthly active users (MAUs) grew by 11% to 537 million, led by a 16% jump in ROW users to 300 million. U.S. and Canada MAUs increased by 3% to 99 million, while European users rose by 8% to 139 million. One of the most important metrics to look at for Pinte
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