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. (PINS) reported Q2 2021 financial results showing significant growth. Revenue surged 125% year-over-year to $613 million, while GAAP net income reached $69 million. Monthly Active Users (MAUs) grew 9% to 454 million, with international revenue experiencing a remarkable 227% increase. However, engagement headwinds were noted, with a 7% decline in U.S. MAUs as of late July. The company anticipates Q3 revenue growth in the low-40% range but is cautious about MAU guidance due to ongoing COVID-19 uncertainties.
Pinterest, Inc. (NYSE: PINS) will release its second quarter 2021 financial results and shareholder letter on July 29, 2021, after market close. A Q&A conference call is scheduled for the same day at 1:30 p.m. PT (4:30 p.m. ET). Investors can access the live webcast and related earnings materials via Pinterest's Investor Relations website. The company emphasizes its commitment to using this platform for disclosing material information in compliance with Regulation FD. Pinterest, a visual discovery engine, has over 450 million monthly active users.
Pinterest, Inc. (PINS) reported Q1 2021 earnings with a revenue increase of 78% year-over-year, totaling $485 million. Monthly Active Users (MAUs) rose 30%, reaching 478 million. The company experienced a net loss of $22 million, significantly improved from the previous year’s loss of $141 million. Adjusted EBITDA was $84 million, showing strong growth potential. Looking ahead, Pinterest anticipates Q2 revenue growth of approximately 105% year-over-year, despite expectations of increased operating expenses as they focus on long-term investments.
Pinterest, Inc. (NYSE: PINS) is set to release its financial results for Q1 2021 on April 27, 2021, after market close. A conference call will follow at 3:00 p.m. PT (6:00 p.m. ET) to discuss the results. Investors can access a live webcast of the call on Pinterest's Investor Relations website, with a replay available afterwards. The company emphasizes the importance of this platform for disclosing material information, encouraging investors to monitor it alongside press releases and SEC filings.
Pinterest (NYSE: PINS) announced the launch of the Creator Code, a new set of guidelines aimed at fostering a positive online environment. The Code mandates that creators agree to specific rules regarding kindness, factual accuracy, inclusion, and safety before publishing Story Pins. Additionally, Pinterest introduced tools for comment moderation and launched its first Creator Fund to support underrepresented creators. The initiatives reflect Pinterest's commitment to maintaining a safe, inclusive platform for its 450 million users.
Pinterest (NYSE: PINS) announced that Todd Morgenfeld, CFO and Head of Business Operations, will participate in the Morgan Stanley Technology, Media and Telecom Conference on March 2, 2021, at 8:45 am PT (11:45 am ET). A live webcast and replay will be available on Pinterest's Investor Relations website.
Additionally, Pinterest uses its Investor Relations site to disclose material nonpublic information, urging investors to monitor it alongside press releases and SEC filings.
Founded in 2010 and headquartered in San Francisco, Pinterest has over 450 million monthly active users.
Pinterest (NYSE: PINS) is set to launch its first advertiser summit, Pinterest Presents, on March 3rd, 2021. The virtual event aims to engage marketers from key markets including the US, UK, France, Germany, Canada, and Australia. It will feature insights on the company’s latest ad products, diversity, sustainability, and more. Key speakers include CEO Ben Silbermann and industry leaders. Pinterest emphasizes accessibility for all attendees, stating that 89% of weekly Pinners use its platform for inspiration, offering advertisers unparalleled opportunities.
Pinterest, Inc. (NYSE: PINS) reported strong financial results for Q4 and the full year ended December 31, 2020. Q4 revenue surged 76% year-over-year to $706 million, while annual revenue rose 48% to $1.69 billion. Monthly Active Users (MAUs) climbed 37% to 459 million. Despite a net loss of $128 million for the year, adjusted EBITDA reached $305 million, highlighting significant operational improvement. Looking ahead, Pinterest expects Q1 revenue growth in the low-70% range, with a focus on enhancing user experience and advertiser success.
Pinterest, Inc. (NYSE: PINS) will announce its fourth quarter and fiscal year 2020 financial results on February 4, 2021, after market close. The company will hold a Q&A conference call at 1:30 p.m. PT (4:30 p.m. ET) on the same day to discuss these results. A live webcast and earnings release materials will be available on Pinterest’s Investor Relations website. The company emphasizes its commitment to using this platform for disclosing material nonpublic information under Regulation FD, urging investors to monitor updates closely.
Pinterest reported a strong Q3 2020, with revenue increasing 58% year-over-year to $443 million and Global Monthly Active Users (MAUs) rising 37% to 442 million. Despite a GAAP net loss of $(94 million), non-GAAP net income soared by 1,362% to $87 million, and adjusted EBITDA jumped to $93 million. The company anticipates around 60% revenue growth for Q4. CEO Ben Silbermann emphasized the importance of inspiring content and creator tools, while CFO Todd Morgenfeld noted recovering advertiser demand and successful international expansion.
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