secwatch.observer — SEC 8-K summary
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Issuer:     PINTEREST, INC. (PINS)
CIK:        0001506293
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001506293-22-000097
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pinterest Q2 revenue up 9% to $666M, net loss $43M; MAUs down 5% YoY to 433M
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- Q2 revenue $666M, +9% YoY (+10% constant currency); strength from large retailers and international.
- Global MAUs 433M, down 5% YoY (flat QoQ); user growth challenges persist.
- GAAP net loss $43M vs. $69M net income a year ago; adjusted EBITDA $92M, down 48% YoY.
- New CEO Bill Ready assumes leadership; plans to focus on shopping and ecommerce.
- Signed multi-year content partnership with Tastemade; improved Idea Pin relevance via ML.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506293/000150629322000097/0001506293-22-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506293/000150629322000097/pins-20220801.htm
  HTML page:      https://secwatch.observer/filing/0001506293-22-000097

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