secwatch.observer — SEC 8-K summary
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Issuer:     PINTEREST, INC. (PINS)
CIK:        0001506293
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001506293-22-000039
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pinterest Q1 revenue $575M (+18% YoY), net loss narrows to $5M, MAUs drop 9% to 433M
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- Revenue $574.9M, up 18% YoY; GAAP net loss $5.3M vs. $21.7M loss a year ago.
- Global MAUs 433M, down 9% YoY; decline driven by lapping pandemic growth, lower search traffic, and Russia-Ukraine impact.
- Adjusted EBITDA $76.8M, down 8% YoY; margin 13% vs. 17%.
- New segment disclosure: US/Canada, Europe, Rest of World revenue and MAUs provided.
- CEO cites challenging macro/geopolitical environment; video Idea Pins grew 15x YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506293/000150629322000039/0001506293-22-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506293/000150629322000039/pins-20220427.htm
  HTML page:      https://secwatch.observer/filing/0001506293-22-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer