Pinterest Announces Third Quarter 2024 Results, Delivering Sustained Revenue and User Growth [Yahoo! Finance]
Pinterest, Inc. Class A (PINS)
Company Research
Source: Yahoo! Finance
SAN FRANCISCO, November 07, 2024 BUSINESS WIRE )--Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter ended September 30, 2024. Q3 revenue grew 18% year over year to $898 million. Global Monthly Active Users ("MAUs") increased 11% year over year to 537 million. GAAP net income was $31 million for Q3. Adjusted EBITDA* was $242 million for Q3. Total costs and expenses were $904 million. "We delivered another strong quarter with users reaching another all-time high of 537 million and revenue growth at 18%," said Bill Ready, CEO of Pinterest. "Our AI investments are driving results by powering better personalized experiences and greater performance for advertisers, with our lower-funnel ad tools being the fastest-growing part of our business. Advertisers are increasingly relying on Pinterest to engage our growing audience who see us as a great place to find inspiration, curate and shop." Q3 2024 Financial Highlights The following table summarizes ou
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PINS
Earnings
- 11/7/24 - Beat
PINS
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- PINS's page on the SEC website