The Stock Market Isn't Picture-Perfect, but This Stock Has a Bright Outlook
Social media platforms always seem to find their names in the headlines. Hot topics such as the metaverse, e-commerce, photo sharing, and peer-to-peer communications are all facilitated by social networking.
One name that seems to consistently divide Wall Street is image- and video-sharing website Pinterest (NYSE: PINS). The company recently reported results for the fourth quarter and full-year 2022. While Pinterest certainly has some work cut out for it, there are some interesting metrics that point to future tailwinds and growth prospects.
For the quarter ended Dec. 31, Pinterest reported $877 million in revenue, a modest increase of 4% year over year. For the year, Pinterest's total revenue was $2.8 billion, up 9%.
Source Fool.com
