Pinterest's Q2 Revenue More Than Doubled
Investors knew the second quarter of 2021 would be one to watch. Companies are going up against some unusual year-ago comparisons. This was particularly the case for Pinterest (NYSE: PINS). The visual search and media platform saw a surge in engagement in the year-ago period as people sheltered at home and looked for ways to stay entertained. On the other hand, however, the company's ad business suffered as advertisers reduced ad spend or even paused ad campaigns.
Pinterest's second-quarter 2021 results definitely proved to be interesting, highlighted by staggering revenue growth and user engagement headwinds simultaneously.
Here's a closer look at the tech company's second quarter.
Source Fool.com