secwatch.observer — SEC 8-K summary
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Issuer:     PINTEREST, INC. (PINS)
CIK:        0001506293
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001506293-23-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pinterest Q4 revenue $877M (+4% YoY); CFO Morgenfeld to depart July 2023; $500M buyback authorized
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- Q4 revenue $877M (+4% YoY); full-year 2022 revenue $2,803M (+9% YoY).
- Q4 GAAP net income $17M (down from $175M); full-year GAAP net loss $96M.
- Global MAUs 450M (+4% YoY); adjusted EBITDA $196M in Q4, $442M for full year.
- Board authorized $500M stock repurchase program over the next 12 months.
- CFO Todd Morgenfeld to transition by July 1, 2023; receives $400K cash and 384,615 RSU vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506293/000150629323000021/0001506293-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506293/000150629323000021/pins-20230201.htm
  HTML page:      https://secwatch.observer/filing/0001506293-23-000021

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