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2.7 Billion Reasons Why Pinterest Is Poised to Thrive

TheMotleyFool

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Oh, how the tables have turned for so many online businesses as the world has emerged from the pandemic. Case in point: Pinterest (NYSE: PINS), which was profitable in 2021, but fell into the red in 2022 and has started 2023 with a loss of $0.31 per share. That's not a great trend.

Still, there are some positives here that suggest this unique image-sharing and social media site could eventually turn sustainably profitable. Let's take a look.

Image source: Getty Images.

Source Fool.com

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