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.
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.
Elliott Investment Management has become the largest investor in Pinterest (NYSE: PINS) and sees strong growth potential for the platform. The firm believes Pinterest's unique position in social media, search, and commerce offers a significant value-creation opportunity. Elliott commended CEO Bill Ready and the Board for the leadership transition, expressing confidence in their ability to navigate Pinterest's next growth phase. Elliott manages approximately $55.7 billion in assets, reflecting their substantial investment capacity.
Pinterest, Inc. (NYSE: PINS) reported Q2 2022 revenue of $666 million, a 9% year-over-year increase. However, the company faced a 5% decline in Global Monthly Active Users (MAUs), totaling 433 million. The GAAP net loss for the quarter was $43 million, while Adjusted EBITDA reached $92 million, reflecting a 48% decline compared to the previous year. Pinterest aims for mid-single-digit revenue growth in Q3 2022 and anticipates a 35-40% increase in non-GAAP operating expenses for the full year, citing foreign exchange headwinds.
Pinterest, Inc. (NYSE: PINS) will announce its Q2 2022 financial results and shareholder letter on August 1, 2022, after market close. A Q&A conference call is scheduled for 2:00 p.m. PT (5:00 p.m. ET) on the same day. Investors can access the live webcast on Pinterest's Investor Relations website. Pinterest aims to keep investors informed through its website and Regulation FD compliant disclosures. The platform boasts over 400 million monthly active users and has accumulated more than 300 billion Pins.
Pinterest, Inc. (NYSE: PINS) announced a leadership transition, with co-founder Ben Silbermann becoming Executive Chairman and Bill Ready, formerly of Google, taking over as CEO effective June 29, 2022. Ready's extensive experience in commerce and payments is expected to strengthen Pinterest's growth strategy. The company, with over 400 million monthly active users, continues to emphasize user-centric improvements and international expansion while maintaining a robust advertising business. Silbermann expressed confidence in Ready's leadership capabilities during this pivotal change.
Pinterest, Inc. (NYSE: PINS) has completed its acquisition of THE YES, an AI-driven fashion shopping platform. This strategic move aims to enhance Pinterest's shopping experience and solidify its role as a taste-driven shopping destination. The integration will focus on merging technology and shopping expertise while phasing out THE YES app and website. Although the financial terms of the deal were not disclosed, Pinterest anticipates that the innovative technology and leadership of THE YES will significantly contribute to its shopping vision.
Pinterest, Inc. (NYSE: PINS) announced a definitive agreement to acquire THE YES, an AI-driven fashion shopping platform. This strategic move aims to enhance Pinterest's shopping capabilities by leveraging THE YES's personalized shopping technology and extensive brand relationships. Julie Bornstein, CEO of THE YES, will lead Pinterest's shopping vision post-acquisition. The transaction is expected to close in Q2 2022, pending customary conditions. Financial terms were not disclosed, but Pinterest anticipates potential synergies across various product categories, including home and beauty.
Pinterest, Inc. (NYSE: PINS) reported a Q1 2022 revenue growth of 18% year-over-year, totaling $575 million. However, the company faced a 9% decline in Global Monthly Active Users (MAUs), now at 433 million. Despite a GAAP net loss of $5 million, adjusted EBITDA was $77 million. The firm plans to boost investments in its native content and shopping initiatives. Looking ahead, Pinterest anticipates approximately 11% revenue growth in Q2 but expects non-GAAP operating expenses to rise 10% quarter-over-quarter.
Pinterest, Inc. (NYSE: PINS) will release its first quarter 2022 financial results on April 27, 2022, after market close. A Q&A conference call is scheduled for 1:30 p.m. PT (4:30 p.m. ET) on the same day to discuss these results. Investors can access the live webcast and related materials via Pinterest’s Investor Relations website. Pinterest intends to continue using its website for material disclosures, urging investors to monitor it along with press releases and SEC filings.