Pinterest (PINS) Misses Q1 EPS by 5c; MAUs Fall 9%
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Pinterest Announces First Quarter 2022 Results
April 27, 2022 4:04 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended March 31, 2022.
Q1 revenue grew 18% year over year to $575 million. Global Monthly Active Users (MAUs) decreased 9% year over year to 433 million. GAAP net loss was $5 million for Q1. Adjusted EBITDA was $77 million for Q1.Pinterest made good progress in Q1 executing on our long-term strategy. We continued to scale our native content and creators ecosystem, began beta testing Your Shop, our personalized... More
