Pinterest Stock Price, News & Analysis

Pinterest, Inc. (NYSE: PINS) is set to release its financial results for Q1 2023 on April 27th, 2023, after market close. Following the announcement, a Q&A conference call will take place at 1:30 p.m. PT (4:30 p.m. ET) on the same day. Investors can access a live webcast of the call and related materials via Pinterest's Investor Relations website. The company emphasizes the importance of its Investor Relations site for disclosing material nonpublic information in compliance with Regulation FD. Pinterest offers a platform for users to discover and save visual inspiration, boasting over 400 million monthly active users and more than 390 billion Pins saved across various interests.

Pinterest, Inc. (NYSE: PINS) announced that CEO Bill Ready will speak at the Morgan Stanley Technology, Media & Telecom Conference on March 7, 2023, at 4:30 p.m. PST (7:30 p.m. EST). The presentation will be accessible via a live webcast on Pinterest's Investor Relations website, which will also host a replay of the event.

Pinterest emphasizes the importance of their Investor Relations site for disclosing material nonpublic information. Established in 2010 and based in San Francisco, Pinterest serves over 400 million monthly active users, allowing them to discover and shop products aligned with their interests.

Pinterest, Inc. (NYSE: PINS) reported Q4 2022 revenue of $877 million, a 4% increase year-over-year, and full-year revenue of $2.803 billion, up 9%. Global Monthly Active Users (MAUs) grew 4% to 450 million. While Q4 GAAP net income was $17 million, the company faced a GAAP net loss of $96 million for 2022. Adjusted EBITDA was $196 million for Q4 and $442 million for the full year. The board authorized a $500 million stock repurchase program. A leadership transition was also announced with CFO Todd Morgenfeld leaving on July 1, 2023. Pinterest aims to enhance user monetization and adapt to a changing environment.

Pinterest, Inc. (NYSE: PINS) is set to release its financial results for the fourth quarter and fiscal year 2022 on February 6, 2023 after market close. A Q&A conference call will follow at 1:30 p.m. PT (4:30 p.m. ET) to discuss these results. Investors can access a live webcast of the call and related materials through Pinterest’s Investor Relations website. Additionally, Pinterest intends to use this platform for disclosing important nonpublic information, urging investors to stay updated via their website and official communications.

Pinterest, Inc. (NYSE: PINS) announces the appointment of Marc Steinberg as an Independent Director, effective December 16, 2022. This move follows a long-term cooperation agreement with Elliott Investment Management, signifying a commitment to enhance user engagement and monetization strategies. Steinberg, a Senior Portfolio Manager at Elliott, brings valuable insights from his extensive experience in public and private equity. The Board now includes eight independent directors, reflecting a robust governance structure.

Pinterest, Inc. (NYSE: PINS) reported Q3 2022 financial results with an 8% year-over-year revenue increase to $685 million, albeit facing a GAAP net loss of $65 million. The company achieved adjusted EBITDA of $77 million, down 62% from the previous year. Global Monthly Active Users remained flat at 445 million, with revenue growth driven primarily by US & Canada, which saw a 9% increase. However, the outlook for Q4 2022 suggests mid-single-digit revenue growth amidst greater foreign exchange challenges.

Pinterest, Inc. (NYSE: PINS) will announce its third quarter 2022 financial results on October 27, 2022, after market close. The company will also host a Q&A conference call at 1:30 p.m. PT (4:30 p.m. ET) the same day to discuss these results. Investors can access the live webcast and related earnings materials through the Investor Relations website. Pinterest continues to utilize its website for disclosing material nonpublic information in compliance with Regulation FD.

Pinterest (NYSE: PINS) announced that CEO Bill Ready and CFO Todd Morgenfeld will participate in the Goldman Sachs Communacopia + Technology Conference on September 14, 2022, at 3:45 pm PT (6:45 pm ET). A live webcast will be available on Pinterest’s Investor Relations website. The company emphasizes the use of its IR site for disclosing material nonpublic information and urges investors to monitor its announcements. Pinterest, launched in 2010, is a platform with over 400 million monthly active users, offering visual inspiration and personalized shopping experiences.