Pinterest (PINS) Misses Q1 EPS by 1c; Not Providing Guidance
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Pinterest Announces First Quarter 2020 Results
May 5, 2020 4:03 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended March 31, 2020.
Q1 revenue grew 35% year over year to $272 million. Global Monthly Active Users (MAUs) grew 26% year over year to 367 million. GAAP net loss was $141 million for Q1. Adjusted EBITDA was $(53) million."In these challenging times, our mission of bringing ideas and inspiration to people around the world has never been more important," said Ben Silbermann, CEO and co-founder, Pinterest. "This quarter, we saw a... More
