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Pinterest, Inc. - PINS STOCK NEWS

Welcome to our dedicated page for Pinterest news (Ticker: PINS), a resource for investors and traders seeking the latest updates and insights on Pinterest stock.

Pinterest, Inc. (symbol: PINS), first launched in 2010, is a leading online discovery platform that helps users find and save creative ideas for various aspects of their lives, from cooking and travel to home improvement. Designed to inspire people to do things they love, Pinterest is accessible through both its website and mobile app, and serves a global audience of nearly 500 million monthly active users.

Pinterest's core business revolves around user-generated content, where users, often referred to as 'Pinners,' create and share boards and pins of images, videos, and links. The platform's user base is predominantly female, making up roughly two thirds of its audience. To monetize its services, Pinterest sells digital ads that are integrated seamlessly into users' feeds, making advertising both effective and non-intrusive.

One of Pinterest's significant revenue streams comes from the United States and Canada, which, despite hosting only about 20% of its users, contribute to approximately 80% of its revenue as of 2023. This highlights the platform's strong market presence and monetization strategy in North America. The company is also expanding its revenue-generating capabilities by introducing more in-platform e-commerce features, allowing users to shop directly from the pins they save.

In addition to its revenue strategies, Pinterest continually enhances its platform through various partnerships and technological advancements. This includes collaborations with content creators and brands to deliver personalized and engaging content to its users. The company's mission remains focused on helping people discover things they love and inspiring them to bring those ideas into their everyday lives.

For those seeking further assistance or information, Pinterest provides comprehensive support through their help center at help.pinterest.com and additional company details are available at about.pinterest.com.

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Pinterest, Inc. (PINS) CEO Bill Ready will participate in the Morgan Stanley Technology, Media & Telecom Conference on March 6th, 2024. The session will be available via live webcast and replay on Pinterest's Investor Relations website. Investors should monitor the website for material nonpublic information.
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Pinterest, Inc. (NYSE: PINS) reported strong Q4 revenue growth of 12% to $981 million, and 2023 revenue increased 9% to $3,055 million. Global Monthly Active Users (MAUs) reached an all-time high of 498 million. GAAP net income for Q4 was $201 million, but net loss for 2023 was $36 million. Adjusted EBITDA was $365 million and $683 million for Q4 and 2023, respectively. Total costs and expenses were $785 million and $3,181 million for Q4 and 2023, respectively. Despite the net loss for 2023, Pinterest's CEO, Bill Ready, expressed confidence in the company's growth and efficiency for 2024.
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Pinterest, Inc. (PINS) will release Q4 and full year 2023 financial results on February 8th, 2024, followed by a conference call. The webcast can be accessed on Pinterest's Investor Relations website. The company uses its website for material information disclosure and compliance with Regulation FD.
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Brightcove Inc. (Nasdaq: BCOV) announced its financial results for Q3 2023, reporting a decrease in revenue by 5% to $51.0 million compared to Q3 2022. The company's gross profit was $31.7 million, representing a gross margin of 62%. Adjusted EBITDA was $5.5 million, an increase of 12% compared to Q3 2022. Cash flow provided by operations was $2.1 million, and free cash flow was negative $2.2 million. Brightcove had 2,618 customers, of which 2,077 were premium, and the 12-month backlog was $121.1 million, a 6% increase year-over-year.
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Pinterest announces Q3 revenue of $763 million, a growth of 11% YoY. Global Monthly Active Users reach a record high of 482 million. GAAP net income for Q3 is $7 million. Adjusted EBITDA is $185 million. Total costs and expenses were $768 million.
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Pinterest to release Q3 2023 financial results on October 30th, 2023
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Pinterest appoints Scott Schenkel, former CFO and Interim CEO of eBay, to its Board of Directors.
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Pinterest to host third annual global advertiser summit, Pinterest Presents, on September 13th 2023.
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LiveRamp announces expanded partnership with Pinterest to offer better global integration for advertisers. Marketers can now reach their customers on Pinterest with seamless activation on LiveRamp's pseudonymous identifier, RampID. The partnership spans multiple regions including the US, Canada, Mexico, South America, Europe, and APAC markets. The integration improves measurement and analytics for advertisers, providing more opportunities for brands to derive value from first-party data.
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Pinterest and LiveRamp expand partnership to offer better global integration for advertisers, reaching audiences on Pinterest's platform globally.
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FAQ

What is the current stock price of Pinterest (PINS)?

The current stock price of Pinterest (PINS) is $32.28 as of December 6, 2024.

What is the market cap of Pinterest (PINS)?

The market cap of Pinterest (PINS) is approximately 21.6B.

What is Pinterest, Inc.?

Pinterest, Inc. is an online discovery platform that helps users find and save creative ideas across various categories like cooking and travel.

When was Pinterest founded?

Pinterest was founded in 2010.

How does Pinterest generate revenue?

Pinterest generates revenue primarily through digital advertising and is increasingly incorporating in-platform e-commerce features.

What is the user demographic of Pinterest?

About two thirds of Pinterest's nearly 500 million monthly active users are female.

What percentage of Pinterest users are from the US and Canada?

Approximately 20% of Pinterest users reside in the US and Canada.

How much of Pinterest's revenue is generated from the US and Canada?

Around 80% of Pinterest's revenue comes from the US and Canada.

What are some recent developments at Pinterest?

Pinterest is rolling out more in-platform e-commerce features and continues to partner with content creators and brands.

How can I get help with Pinterest?

You can get help with Pinterest through their help center at http://help.pinterest.com/.

Where can I find more information about Pinterest?

More information about Pinterest can be found at http://about.pinterest.com/.

What is Pinterest's mission?

Pinterest's mission is to help people discover things they love and inspire them to do those things in their daily lives.

Pinterest, Inc.

NYSE:PINS

PINS Rankings

PINS Stock Data

21.55B
589.63M
0.6%
89.01%
2.66%
Internet Content & Information
Services-computer Programming, Data Processing, Etc.
Link
United States of America
SAN FRANCISCO