Pinterest stock slips premarket on Q4 revenue miss and soft guidance
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Pinterest Announces Fourth Quarter and Full Year 2023 Results, Delivers Record High Users and Robust Margin Expansion
February 8, 2024 4:06 PM ESTQ4 Revenue of $981 million grew 12%, marking continued double-digit revenue growth in the second half of 2023
Global monthly active users reached an all-time high of 498 million
SAN FRANCISCO--(BUSINESS WIRE)-- Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter and year ended December 31, 2023.
Q4 revenue grew 12% year over year to $981 million. 2023 revenue increased 9% year over year to $3,055 million. Global Monthly Active Users (MAUs) increased 11% year over year to 498 million. GAAP net income was $201 million for Q4. GAAP net loss... More