secwatch.observer — SEC 8-K summary
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Issuer:     PINTEREST, INC. (PINS)
CIK:        0001506293
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001506293-24-000141
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pinterest Q2 2024 revenue $854M (+21% YoY), net income $9M vs loss year ago, MAUs 522M record
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506293/000150629324000141/0001506293-24-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506293/000150629324000141/pins-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001506293-24-000141

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