LIVE: Pinterest's stock pops more than 12% after beating Wall Street's Q2 targets

Pinterest beat Wall Street's expectations for its second quarter of 2019 and its stock has jumped more than 12% in after-hours trading.

According to its CEO Ben Silbermann, the company reached 300 million monthly active users (or, MAUs) by the end of the second quarter as well.

Pinterest's $261 million in revenues for Q2 2019 was higher than analysts anticipated and up 62% from the same period the year prior.

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Pinterest beat Wall Street's expectations for its second quarter of 2019 and its stock has jumped more than 12% in after-hours trading.

On Thursday, Pinterest — in its second ever earnings report since going public in this April — announced higher than anticipated revenues and lower than anticipated losses during Q2 2019.

According to its CEO Ben Silbermann, the company reached 300 million monthly active users (or, MAUs) by the end of the second quarter.

Silbermann said in prepared remarks that the company made progress diversifying its roster of advertisers during the quarter and improved its tools for marketers to measure the effectiveness of their spending.

Here's what Pinterest reported compared with what analysts polled by Bloomberg were expecting:

Revenue: $261.3 million, compared to $235.8 million expected

Adjusted loss per share: -$0.06, compared to -$0.08 expected

On the heels of strong earnings reports recently from some of Silicon Valley's top tech companies, Pinterest joined in the hot streak by posting $261 million in revenues for Q2, up 62% from the same period the year prior.

Though still relatively tiny compared to tech giants like Facebook and Google, some analysts have pointed to Pinterest's positioning as an advantage — as the company will likely dodge the looming antitrust investigations facing the industry's largest companies. Analysts also see Pinterest's avoidance of any privacy-related issues, as well as its high-potential ad products as reasons the company could fare well in the near term.

如果Pinterest击败华尔街对2019年第二季度的预期，其股票在盘后交易中上涨超过12％。根据其首席执行官Ben Silbermann的说法，该公司已达成截至第二季度末，每月有3亿活跃用户（或MAU）。截至2019年第二季度，Pinterest的收入为2.61亿美元，高于分析师的预期，同比增长62％。访问Business Insider的主页了解更多故事.Pinterest击败了华尔街的预期在2019年第二季度，其股票在盘后交易中上涨超过12％。在周四，Pinterest - 自今年4月上市以来的第二次盈利报告 - 宣布高于预期的收入并降低2019年第二季度的损失超过预期。根据其首席执行官Ben Silbermann的说法，该公司在第二季度末达到了3亿月活跃用户（或MAU）。 Silbermann在准备好的评论中说公司在本季度实现了广告客户名单的多样化，并改进了营销人员的工具，以衡量其支出的有效性。以下是Pinterest所报道的与彭博社调查的分析师预期相比：收入：2.613亿美元，而预期为2.358亿美元。每股调整后亏损： - 0.06美元，而预期为0.08美元