On February 8th local time, American interactive media and service company Pinterest announced that its revenue for the fourth quarter of 2023 was $981.3 million, a year-on-year increase of 12%, with analysts expecting $990.2 million. The net profit for the fourth quarter was 201 million US dollars, higher than the same period last year's 17.49 million US dollars. The company expects revenue to be between 690 million and 705 million US dollars in the first quarter of 2024, with a median slightly lower than analysts' expectations of 700.2 million US dollars. Pinterest's (PINS. N) stock price fell more than 20% after trading, but the decline narrowed after announcing a new partnership with Google.