Advertisers have cut marketing budgets due to an uncertain economy, focusing on essentials, impacting Pinterest's revenue outlook.
Revenue for Q2 reached $853.7 million, exceeding estimated $847.8 million; global MAUs rose 12% to 522 million.
Pinterest reported a profit of 29 cents per share in Q2, up from 21 cents a year ago, showing positive financial growth amidst challenges.
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