earnings
confidence high
sentiment negative
materiality 0.75
Pinterest Q3: Revenue $685M (+8% YoY), net loss $65M, MAUs flat at 445M
PINTEREST, INC.
2022-Q3 EPS reported
-$0.17
revenue$1,925,365,000
- GAAP net loss of $65M (vs $94M net income in Q3 2021); Adjusted EBITDA $77M, down 62% YoY.
- Revenue $685M, +8% YoY (+10% constant currency); global MAUs flat at 445M.
- New five-year $400M revolving credit facility replaces $500M facility; accordion option for additional $405M.
- Facility carries SOFR+1.50% interest, 0.15% commitment fee, max net leverage 3.50x; no outstanding borrowings as of Oct 27.