Pinterest Remains Plagued by Margin Woes: Can it Buck the Trend?
Key Takeaways Pinterest is investing heavily to grow its user base, ad reach and global operations. PINS' Q1 costs rose 12.1% YoY, driven by R&D; June quarter costs are estimated at $937.7 million. PINS aims to enhance ad efficiency and seller tools, despite near-term margin pressure.Pinterest, Inc. (PINS) generates significant revenues by delivering ads on its website and mobile applications. The company is helping advertisers reach millennials and the Gen Z audience who are more active on immersive mobi ...