secwatch.observer — SEC 8-K summary
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Issuer:     PINTEREST, INC. (PINS)
CIK:        0001506293
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001506293-24-000077
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pinterest Q1 revenue $740M (+23% YoY), record 518M MAUs, net loss narrows to $25M
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- Revenue $740M (+23% YoY); global MAUs hit record 518M (+12% YoY).
- GAAP net loss $25M (improved from $209M a year ago); adjusted EBITDA $113M (15% margin).
- Non-GAAP net income $139.5M, up 142% YoY.
- CEO Bill Ready cites fastest user and revenue growth since 2021; driven by AI and shoppability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506293/000150629324000077/0001506293-24-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506293/000150629324000077/pins-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001506293-24-000077

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