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. (NYSE: PINS) regularly publishes news that sheds light on its evolution as a visual search and discovery platform and as a participant in the digital advertising market. Company announcements describe how Pinterest helps people find inspiration, curate ideas and shop products, while also outlining how it uses artificial intelligence and intent signals to support advertisers.
News for PINS often centers on quarterly earnings results, where Pinterest reports revenue growth, global Monthly Active Users, and metrics such as average revenue per user and Adjusted EBITDA. These releases include management commentary on user engagement, advertising performance, AI investments, and the company’s progress in becoming an AI-powered shopping assistant for hundreds of millions of users worldwide.
Investors and followers of Pinterest can also see strategic updates and partnerships in the news flow. Recent announcements include a planned acquisition of tvScientific, a connected TV performance advertising platform, which is intended to extend Pinterest’s AI-powered performance advertising into connected TV. Another notable item is a retail media collaboration with Instacart that aims to make Pinterest ads directly shoppable via Instacart and to use Instacart’s first-party purchase data to build high-intent audience segments for advertisers.
Corporate governance and capital markets activities also appear in Pinterest’s news. Examples include the appointment of new independent directors to the Board and participation by executives in major technology and media conferences hosted by financial institutions. Together, these updates provide context on how Pinterest is managing its business, engaging with advertisers, and positioning itself within the Internet Content & Information industry.
This news page aggregates such press releases and related coverage for PINS, giving readers a single place to review the company’s latest reported financial results, partnerships, product-related announcements, and governance developments over time.
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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.