Welcome to our dedicated page for Pinterest news (Ticker: PINS), a resource for investors and traders seeking the latest updates and insights on Pinterest stock.
Pinterest, Inc. (symbol: PINS), first launched in 2010, is a leading online discovery platform that helps users find and save creative ideas for various aspects of their lives, from cooking and travel to home improvement. Designed to inspire people to do things they love, Pinterest is accessible through both its website and mobile app, and serves a global audience of nearly 500 million monthly active users.
Pinterest's core business revolves around user-generated content, where users, often referred to as 'Pinners,' create and share boards and pins of images, videos, and links. The platform's user base is predominantly female, making up roughly two thirds of its audience. To monetize its services, Pinterest sells digital ads that are integrated seamlessly into users' feeds, making advertising both effective and non-intrusive.
One of Pinterest's significant revenue streams comes from the United States and Canada, which, despite hosting only about 20% of its users, contribute to approximately 80% of its revenue as of 2023. This highlights the platform's strong market presence and monetization strategy in North America. The company is also expanding its revenue-generating capabilities by introducing more in-platform e-commerce features, allowing users to shop directly from the pins they save.
In addition to its revenue strategies, Pinterest continually enhances its platform through various partnerships and technological advancements. This includes collaborations with content creators and brands to deliver personalized and engaging content to its users. The company's mission remains focused on helping people discover things they love and inspiring them to bring those ideas into their everyday lives.
For those seeking further assistance or information, Pinterest provides comprehensive support through their help center at help.pinterest.com and additional company details are available at about.pinterest.com.
Pinterest, Inc. (NYSE: PINS) announced a definitive agreement to acquire THE YES, an AI-driven fashion shopping platform. This strategic move aims to enhance Pinterest's shopping capabilities by leveraging THE YES's personalized shopping technology and extensive brand relationships. Julie Bornstein, CEO of THE YES, will lead Pinterest's shopping vision post-acquisition. The transaction is expected to close in Q2 2022, pending customary conditions. Financial terms were not disclosed, but Pinterest anticipates potential synergies across various product categories, including home and beauty.
Pinterest, Inc. (NYSE: PINS) reported a Q1 2022 revenue growth of 18% year-over-year, totaling $575 million. However, the company faced a 9% decline in Global Monthly Active Users (MAUs), now at 433 million. Despite a GAAP net loss of $5 million, adjusted EBITDA was $77 million. The firm plans to boost investments in its native content and shopping initiatives. Looking ahead, Pinterest anticipates approximately 11% revenue growth in Q2 but expects non-GAAP operating expenses to rise 10% quarter-over-quarter.
Pinterest, Inc. (NYSE: PINS) will release its first quarter 2022 financial results on April 27, 2022, after market close. A Q&A conference call is scheduled for 1:30 p.m. PT (4:30 p.m. ET) on the same day to discuss these results. Investors can access the live webcast and related materials via Pinterest’s Investor Relations website. Pinterest intends to continue using its website for material disclosures, urging investors to monitor it along with press releases and SEC filings.
Pinterest, Inc. (NYSE: PINS) will participate in the Morgan Stanley Technology, Media and Telecom Conference on March 9, 2022, at 3:35 pm PT (6:35 pm ET). CEO Ben Silbermann and CFO Todd Morgenfeld will represent the company. A live webcast and replay will be available on Pinterest's Investor Relations website.
Pinterest is dedicated to using its IR website for disclosing material information, aligning with Regulation FD. The platform serves over 400 million monthly active users.
Pinterest (NYSE: PINS) is set to host its annual global advertiser summit, Pinterest Presents, on March 10, 2022. The event, themed 'It's different here', will showcase updates on personalized shopping, creators, and trends. Fashion expert Tan France will be a special guest, providing insights for marketers. Attendees include executives from key markets like the US, UK, France, and Germany. Pinterest aims to inspire advertisers by highlighting innovative approaches to consumer engagement, positioning itself as a unique player in the advertising landscape.
Pinterest, Inc. reported Q4 revenue of $847 million, a 20% increase year-over-year, contributing to a full-year revenue of over $2 billion, up 52%. However, global Monthly Active Users (MAUs) fell 6% to 431 million. GAAP net income for Q4 stood at $175 million, which included a $49 million one-time compensation charge. Adjusted EBITDA reached $351 million, showing a 17% rise. For Q1 2022, revenue growth is expected in the high teens, with operating expenses projected to rise around 10% quarter-over-quarter as investments in native content and user experience continue.
Pinterest, Inc. (NYSE: PINS) will disclose its financial results for Q4 and the fiscal year 2021 on February 3, 2022, after market close. A conference call will follow at 1:30 p.m. PT (4:30 p.m. ET) on the same day for discussing the results. Investors can access a live webcast of the call and related materials via the Investor Relations website. Pinterest continues to use this platform for disclosing material nonpublic information to comply with regulations.
Pinterest, Inc. (NYSE: PINS) reported a strong financial performance for Q3 2021, with revenue reaching $633 million, a 43% increase year-over-year. The company achieved a GAAP net income of $94 million, while adjusted EBITDA stood at $201 million, reflecting a 117% growth from the previous year. Monthly Active Users (MAUs) rose to 444 million, showing a slight increase of 1%. The U.S. MAUs decreased by 10% to 89 million, whereas international MAUs grew by 4%. Looking ahead, Pinterest anticipates Q4 revenue growth in the high teens percentage range.
Pinterest, Inc. (NYSE: PINS) will disclose its third quarter financial results and a letter to shareholders on November 4, 2021, after market close. The company will host a Q&A conference call at 3:00 p.m. PT (6:00 p.m. ET) that same day. A live webcast and related materials can be found on Pinterest's Investor Relations website (investor.pinterestinc.com). Pinterest aims to keep investors informed through this platform and other forms of communication.
Pinterest (NYSE: PINS) will host its second annual global Creators Festival on October 20, 2021, featuring internationally-recognized talent and top creators. The virtual event aims to unveil new creator products and discuss topics such as audience growth and content monetization. Pinterest emphasizes creating a positive environment for users and creators, bolstered by guidelines like the Creator Code to promote inclusivity and mental wellness.
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