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Tech & Science Pinterest share + 28 percent: Pinterest tops expectations

18:55  29 october  2020
18:55  29 october  2020 Source:   finanzen.net

“Startup Monitor” 2020: These are the most exciting findings

 “Startup Monitor” 2020: These are the most exciting findings founders are also affected by the corona pandemic, but above all see it as an opportunity. The German Startup Monitor 2020 provides this insight - along with further insights into the industry. © dotshock / Shutterstock The corona pandemic hits many startups in Germany hard. Nevertheless, the industry as a whole remains on a growth path. “Like the entire economy, startups are affected by the corona pandemic.

Pinterest reported on the most recently closed quarter after Wall Street closed.

Andrew Burton/Getty Images © Provided by Finanz.net Andrew Burton / Getty Images

Pinterest has published its figures for the third quarter of 2020. In terms of EPS, the balance sheet was $ 0.13, down from earnings per share of $ 0.01 for the same period last year. Analysts' expectations were $ 0.041. Revenue generated $ 442.6 million, while the experts' estimates were $ 383.5 million. A year earlier, Pinterest had reported sales of $ 279.7 million.

The NYSE-traded Pinterest stock shot up 28.63 percent to $ 63.23 on Thursday. Finanzen.net editorial team

Camargo tops Oscar Sevilla to win Vuelta a Colombia .
Up and coming Colombian wins by 24 secondsThe 44-year-old Sevilla clawed back 22 seconds of a nearly minute deficit to Camargo in Thursday's individual time trial then tacked on another nine in bonus seconds on Saturday's penultimate stage. But Camargo wisely marked Sevilla into the closing kilometres of the final stage and the 22-year-old finished on the same time, 12 seconds behind stage winner Salvador Moreno (EBSA) to seal a history victory.

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