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. operates a visual search and discovery platform where people find inspiration, curate ideas and shop products. The company generates revenue primarily through digital advertising on its platform, with news regularly covering operating results, global monthly active users, average revenue per user, advertising monetization and product innovation.
Company updates also address Pinterest's AI-powered visual search and shopping experiences, performance advertising initiatives, share repurchases and other capital actions, and governance developments such as board appointments and executive leadership disclosures.
Integral Ad Science (Nasdaq: IAS) has announced a partnership with Pinterest (NYSE: PINS) to enhance brand safety and suitability for advertisers. Utilizing its AI-driven Total Media Quality (TMQ) product, IAS will provide campaign insights, frame-by-frame analysis, and daily reporting in 39 countries and 40 languages. The collaboration aims to offer advertisers more transparency and confidence in their campaigns on Pinterest. This initiative aligns with the Global Alliance for Responsible Media (GARM) standards and includes features like Viewability, Invalid Traffic (IVT), and Brand Safety Measurement.
Pinterest, Inc. (NYSE: PINS) appointed Chip Bergh, former CEO of Levi Strauss & Co., to its Board of Directors. Chip brings vast retail expertise and leadership skills, having successfully revitalized Levi's brand. His strategic vision will enhance Pinterest's growth as an online shopping destination.
Pinterest, Inc. (NYSE: PINS) reported a 23% revenue growth in Q1 2024, reaching $740 million, alongside a record 518 million global monthly active users, up by 12%. The company's GAAP net loss was $25 million, with adjusted EBITDA at $113 million. Pinterest's CEO highlighted the success of AI investments and shoppability, leading to improved advertiser returns and access to performance budgets.
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