Pinterest (PINS) Tops Q2 EPS by 6c, Revenues Beat
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Pinterest Announces Second Quarter 2020 Results
July 31, 2020 7:30 AM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended June 30, 2020.
Q2 revenue grew 4% year over year to $272 million. Global Monthly Active Users (MAUs) grew 39% year over year to 416 million. GAAP net loss was $(101) million for Q2. Adjusted EBITDA was $(34) million.This quarter we reached a milestonemore than 400 million people now come to Pinterest every month to get and stay inspired, said Ben Silbermann, CEO and co-founder, Pinterest. In these tough times, were seeing... More
