Pinterest named James Dibbo as CFO after Julia Donnelly announced she will leave. Sales and adjusted profit beat forecasts, and adjusted profit is expected to rise; next-quarter sales are near forecasts, but Dibbo's relevant experience supports a positive reading.
Dibbo's work across advertising, shopping, and consumer technology fits Pinterest's business. Its latest sales and adjusted profit beat forecasts, and the company expects its adjusted profit measure to rise next quarter. Expected sales are roughly in line with forecasts, and the outgoing CFO is leaving for another role, but the results and profit outlook support a positive reading.
Amazon finance executive James Dibbo is leaving for Pinterest's CFO role, but the report gives no sign this changes Amazon's business or results.
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