earnings
confidence high
sentiment positive
materiality 0.75
Pinterest Q2 2024 revenue $854M (+21% YoY), net income $9M vs loss year ago, MAUs 522M record
PINTEREST, INC.
2024-Q2 EPS reported
-$0.02
revenue$1,593,663,000
- Revenue $854M (+21% YoY); global MAUs 522M (+12% YoY) — record high.
- GAAP net income $8.9M vs net loss $34.9M in Q2 2023; adjusted EBITDA $180M (+68%).
- Non-GAAP net income $207M (+46%); adjusted EBITDA margin 21% vs 15% a year ago.
- CEO Bill Ready cites AI-powered products improving advertiser performance and budget share.