Pinterest (PINS) Tops Q1 EPS by 6c, Guidance Beats

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Go back to Pinterest (PINS) Tops Q1 EPS by 6c, Guidance Beats

Pinterest Announces First Quarter 2024 Results, Reports 23% Revenue Growth and More Than Half A Billion Monthly Active Users

April 30, 2024 4:06 PM EDT

Q1 Revenue of $740 million, an increase of 23%, nearly doubling growth rate from prior quarter

Record 518 million global monthly active users, an increase of 12%

SAN FRANCISCO--(BUSINESS WIRE)-- Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended March 31, 2024.

Q1 revenue grew 23% year over year to $740 million. Global Monthly Active Users ("MAUs") increased 12% year over year to 518 million. GAAP net loss was $25 million for Q1. Adjusted EBITDA was $113 million for Q1. Total costs and... More