Last quarter was not good… but I guess their comment about July being 50% up y/y must have added to confidence on top of MAU growth.
Need to read trascript to get better idea but market reaction is very positive… I have been looking for PINS to get some respect on the market… a small position but likely to add…
Yes, it wasn’t great but I thought it was a good quarter given the conditions and relative to expectations. All the forward looking indicators are looking very positive.
Dave