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$PINS Total Debt (mrq) $170.86M
PINS up 14% on ER Pinterest's stock jump in revenue beat, earnings beat. For Q4 2023, revenue to grow in the 11-13% range year over year. Q4 2023 Non-GAAP operating expenses to decline in the 9-13% range year over year.
Pinterest to Announce Third Quarter 2023 Results
October 13, 2023 04:06 PM Eastern Daylight Time
SAN FRANCISCO--(BUSINESS WIRE)--Pinterest, Inc. (NYSE: PINS) will release financial results for the third quarter 2023 on Monday, October 30th, 2023 after market close. The company will host its quarterly conference call to discuss these results at 1:30 p.m. PT (4:30 p.m. ET) on the same day.
A live webcast of the conference call and related earnings release materials can be accessed on Pinterest’s Investor Relations website at investor.pinterestinc.com. A replay of the webcast will be available through the same link following the conference call.
Disclosure Information
Pinterest uses and intends to continue to use its Investor Relations website as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor the company’s Investor Relations website, in addition to following the company’s press releases, SEC filings, public conference calls, presentations and webcasts.
About Pinterest
Pinterest is the visual inspiration platform where people come to search, save, and shop the best ideas in the world for all of life’s moments. Whether it’s planning an outfit, trying a new beauty ritual, renovating a home, or discovering a new recipe, Pinterest is the best place to confidently go from inspiration to action. Headquartered in San Francisco, Pinterest launched in 2010 and has 465 million monthly active users worldwide. Available on iOS and Android, and at pinterest.com.
Pinterest, Inc. $PINS Total Debt (mrq) $159.51M Book Value Per Share (mrq) $4.47
Ever since that activist investor bought some I did too and it’s paying
Pinterest Q2 2022 Letter to Shareholders
https://www.sec.gov/Archives/edgar/data/1506293/000150629322000097/q2-22xshareholderletter.htm
Elliott Investment Management L.P. (together with its affiliates, "Elliott") today released the following statement on behalf of Managing Partner Jesse Cohn and Senior Portfolio Manager Marc Steinberg regarding Pinterest, Inc. (NYSE: PINS) (the "Company" or "Pinterest"):
https://www.streetinsider.com/Corporate+News/Elliott+Issues+Statement+on+Pinterest+%28PINS%29%2C+Says+It+is+Companys+Largest+Shareholder/20396483.html
Pinterest is a highly strategic business with significant potential for growth, and our conviction in the value-creation opportunity at Pinterest today has led us to become the Company's largest investor. As the market-leading platform at the intersection of social media, search and commerce, Pinterest occupies a unique position in the advertising and shopping ecosystems, and CEO Bill Ready is the right leader to oversee Pinterest's next phase of growth. We commend Ben Silbermann and the Board on the leadership transition, and we look forward to continuing our collaborative work with Ben, Bill and the Board as they drive toward realizing Pinterest's full potential.
Pinterest beats revenue target on advertising strength, shares surge
Thu, February 3, 2022, 2:20 PM·
https://finance.yahoo.com/news/1-pinterest-beats-revenue-target-212046205.html
Feb 2 (Reuters) - Pinterest Inc beat fourth-quarter revenue estimates on Thursday as retailers splurged on advertising during the holiday quarter, sending the image-sharing platform's shares over 20% higher aftermarket.
Revenue rose 20% to $847 million, surpassing analysts' estimate of $827 million, according to Refinitiv IBES data.
Monthly active users (MAUs), however, declined 6% during the fourth quarter to the lowest since June 2020, signaling that a pandemic-driven surge in demand was cooling off as easing restrictions encourage people to step out more.
MAUs - a key metric that shows engagement levels on the website - was 431 million for the quarter, the company said on Thursday. That missed analysts' estimate of 447.95 million, according to FactSet.
Facebook owner Meta Platforms also saw a decline in daily active users from the previous quarter for the first time, and doled out a disappointing earnings forecast on Wednesday, blaming Apple's privacy changes and increased competition from rivals like TikTok.
Like its peers, Pinterest had seen a surge of interest when the pandemic first struck after users took to the digital pinboard to plan DIY projects or "pin" interesting ideas to keep themselves entertained during lockdowns.
Now, social media companies are focusing on advertising efforts to sustain revenue growth, with large retailers and small-business owners taking to these platforms to attract online shoppers.
Pinterest now faces an uphill task to scale its video-first features Pinterest TV and Idea Pins, as well as influencer marketing efforts, especially when platforms YouTube, Instagram and TikTok have a significant lead.
Its net income was $175 million for the quarter ended Dec. 31, compared with $207.8 million a year earlier.
Damn man how about 35$ wow haha
It's still pretty funny when I only owned two way out of the money calls, and even more funny funny with also having that are in the money puts.
Well there is some big news that’s pretty funny, just not the type you were looking for lmao
It would be pretty funny if big news hit Monday morning and destroyed all of today's shorts, and all the other ones who didn't cover.
When shorts least expect it, wham they will get hit with a halt and possibly the news of a buy out, and then they get squeezed ten bucks higher.
Well, since this board seems to have been abandoned... shares jumped up 10% today on news of PayPal showing interest in merging with Pinterest. There is no confirmation at this point, but you know how folks like to "buy the rumor, and sell the news."
LOL at $PINS!!! OUCH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I have the same belief I’ve been contemplating buying calls for $80 for July
It's the claytraders of our little world makin a buck. At 77 you're a little late to the party for short-term gains, but many of us feel pins will easily exceed 100 in 2021. Not advice, just where I think it's going.
I've been adding in 50 share increments since pins dropped under 65. If I see sp drop into the low 40s, I'll start buying in 100 share increments.
Current average is 23.50.
I know this may not mean much, but we're good company as the tech market is crap right now. Look at where tsla, lmnd, spce, snow, and ETFs like arkk were back in February. They'll all come back... in time.
What’s going on with this stock people? I’m down a lot of money with this. Bought in at $77. Any thoughts on cutting loss or keep holding?
* * $PINS Video Chart 04-28-2021 * *
Link to Video - click here to watch the technical chart video
this stock ran way too far way too fast
$60 then $55 are in play
* * $PINS Video Chart 04-16-2021 * *
Link to Video - click here to watch the technical chart video
Is this really the first post of 2021?!
PINS up 800% from its low in just one year (April 2020 was at 10 bucks)... but the last post here was 5 months ago? Guess mass gains isn't all that exciting with this stock.
* * $PINS Video Chart 10-29-2020 * *
Link to Video - click here to watch the technical chart video
Nice pop! I know we'll see future short attacks,but I'm keeping a kung fu grip on my shares till I see triple digits... and then some! I don't care if it takes a coupla years. It's gonna happen!
WOOHOO$$$ PINS $100 TARGET PRICE WOOHOOOOOOOOOOOOOOO
Holy shit!! I didn’t realize this! What’s causing PINS explosion?
bad night for them they will be sleeping on PINS & needles
Shorts are squeezed..
Oct-21-20 Upgrade Goldman Neutral ? Buy $37 ? $61
Oct-21-20 Upgrade BofA Securities Neutral ? Buy $58
PINS
Well I took my profits here looks way overbought and also looks like when it falls its gonnna fall hard. See you when it hits bottom
* * $PINS Video Chart 10-21-2020 * *
Link to Video - click here to watch the technical chart video
Pins popping today, yet nothin but crickets on this board? Sure Clay will show up tho. smdh
More than 8 points higher than 9/3 close. What's that? Close to +24%? ??
* * $PINS Video Chart 10-01-2020 * *
Link to Video - click here to watch the technical chart video
* * $PINS Video Chart 09-22-2020 * *
Link to Video - click here to watch the technical chart video
Bullish indicators even after today’s sell off? Lol
Anybody worried about the huge unfilled gap? I’ve had this in my ROTH since the IPO, but now I’m wanting more. Trying to figure out if that gap will eventually fill before I get in