Following 2Q results, momentum seems most favorable for the companies below:META (Outperform) - While sentiment was already elevated ahead of the print, 2Q results were strong and guidance for 3Q was encouraging, with expectations for revenue growth ahead of initial St. estimates by ~700bps. Additi
Figure 1. 2Q25 ResultsSource: Company reports, Wedbush estimates, FactSet consensusGuide: 2Q revenue guide of $960mm to $980mm; 2Q adj. EBITDA guide of $217mm to $237mmPinterest reported strong 2Q results ahead of our estimates and consensus for both revenue and adj. EBITDA. Revenue in the quarter
In this first take following tonight’s results, we touch on: 1. Pullback due to heightened expectations, no change to our thesis 2. De minimis and other tariff policies impact regional mix, but not overall trend 3. More Performance+ adoption in the mid-market, hints of what could come in SMB 4. MAU growth on track as Gen Z passes 50% of total, larger focus on men underway 5. As expected, margin gains continue to ease
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