Pinterest Pins: Cents Share

pinterest pins: Analysts on average expected adjusted losses of 11 cents a share on sales of 200.7 million, according to Fact Set, according to Market Watch. Pinterest PINS, -3.18% went public in April at 19 a share, and has experienced volatility amid a solid rise since. Pinterest reported a net loss of 41.4 million, or 33 cents a share, on revenue of 201.9 million, up from 131 million a year ago that the company reported in filings for its IPO. After adjusting for stock-based compensation and other effects, the company claimed losses of 32 cents a share. Shares closed Thursday with a 7.8% gain at 30.86, and have now increased or declined more than 4% in half of Pinterest's 20 trading sessions thus far. SNAP, -2.61%proved in a memorable way, but that wasn't a problem for Pinterest because the quarter ended before the actual IPO took place. Net losses can be very large in the first report after an IPO, as fellow social-media company Snap Inc. (news.financializer.com). As reported in the news.