Core Insights - Pinterest Inc (NYSE:PINS) shares increased by 10.7% to $30.83 following a stronger-than-expected current-quarter forecast, with first-quarter revenue of $855 million surpassing estimates, while adjusted earnings were 23 cents per share, slightly below expectations [1] Analyst Reactions - Following the earnings report, seven analysts raised their price targets, with Citigroup increasing its target to $41 from $38, while six analysts cut their targets, the most significant reduction being Jefferies' cut to $27 from $39 [2] Stock Performance - Pinterest's stock has broken above the 50-day moving average, reaching its highest levels since early April, and is up 6.7% year-to-date, indicating a positive trend for 2025 [3] Options Activity - In the options market, there has been significant activity with 46,000 calls and 24,000 puts exchanged, which is eight times the typical volume for this time of day, with the most popular options being the weekly 5/9 29-strike call and the 32-strike call [4] - The Schaeffer's Volatility Scorecard (SVS) for Pinterest stands at 88 out of 100, indicating that the stock has exceeded options traders' volatility expectations over the past year, benefiting options buyers [4]

Core Insights - Pinterest reported strong first-quarter results with $855 million in revenue, marking a 16% year-over-year increase, and a 10% increase in monthly active users to 570 million [1] - CEO Bill Ready highlighted that the growth is attributed to the company's investment in artificial intelligence (AI), particularly in attracting Generation Z users [1][2] AI and User Experience - The ability to leverage AI for personalized user experiences is a key differentiator for the company, helping to find the best product market fit in years [2] - The platform's visual exploration capabilities are crucial for user engagement, especially for Generation Z, who are accustomed to visual content [3] Visual Search Capabilities - The company plans to enhance its visual search capabilities in 2025, utilizing multimodal AI models to unlock new levels of personalization [3][4] - Pinterest is expanding its visual search features to the U.S., U.K., and Canada, allowing users to search for personalized women's fashion content [6] Competitive Landscape - The shift towards visual search engines is not unique to Pinterest, as other platforms like Google are also integrating visual search technologies into their services [5] - New entrants like Aesthetic are focusing on AI-powered clothing recognition, adding competition in the fashion AI technology space [6]

Pinterest公司(PINS.US)于美东时间5月8日盘后公布第一季度财报，因其第二季度营收预期中值高于市场 预期，该股在盘后交易中大幅上涨，其股价一度飙升17%，截至发稿，该股盘后上涨了15.47%。有迹象 显示，该公司利用人工智能推动增长的努力已初见成效，这进一步缓解了市场对广告业务增长放缓的担 忧。 数据显示，该公司Q1营收同比增长16%至8.55亿美元，超出市场预期的8.47亿美元;调整后每股收益0.23 美元，不及市场预期的0.26美元。 Pinterest在声明中表示，第二季度营收预计将达到9.6亿至9.8亿美元，高于分析师预期的9.637亿美元。 此外，Pinterest第一季度的月活跃用户数量和盈利指标也均超出预期。 不过，分析师指出，不断上升的关税对该公司的前景构成风险。彭博行业研究分析师曼迪普.辛格在对 财报的评论中写道："随着亚洲大型广告商削减支出，Pinterest在美国的广告销售增长可能会面临阻力， 而且这种影响可能比对大型同行更为显著。" 首席执行官比尔.雷迪在与分析师的电话会议中指出："我们运用人工智能实现用户体验个性化的能力， 是我们的核心竞争优势。"他还补充道，"这也让我 ...

Core Insights - Pinterest reported revenue of $854.99 million for the quarter ended March 2025, reflecting a 15.5% increase year-over-year and surpassing the Zacks Consensus Estimate of $845.74 million by 1.09% [1] - The company's EPS was $0.23, up from $0.20 in the same quarter last year, although it fell short of the consensus estimate of $0.25 by 8% [1] Financial Performance - Revenue growth of 15.5% year-over-year [1] - EPS increased to $0.23 from $0.20 year-over-year [1] - Revenue surprise of +1.09% compared to estimates [1] - EPS surprise of -8.00% compared to estimates [1] Key Metrics - Monthly Active Users (MAUs) globally reached 570 million, exceeding the average estimate of 562 million [4] - Average Revenue Per User (ARPU) globally was $1.52, slightly above the average estimate of $1.51 [4] - MAUs in the U.S. and Canada were 102 million, compared to the estimate of 101 million [4] - Geographic revenue from the U.S. and Canada was $663 million, surpassing the estimate of $658.03 million, representing a 12% year-over-year increase [4] - Geographic revenue from Europe was $147 million, exceeding the estimate of $140.72 million, with a year-over-year change of 24.6% [4] - Geographic revenue from the Rest of World was $45 million, slightly below the estimate of $46.86 million, but showing a significant 50% increase year-over-year [4] Stock Performance - Pinterest shares have returned -2.8% over the past month, while the Zacks S&P 500 composite increased by 11.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]

Group 1: Earnings Performance - Pinterest reported quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.25 per share, but showing an increase from $0.20 per share a year ago, representing an earnings surprise of -8% [1] - The company posted revenues of $854.99 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.09%, and up from $739.98 million year-over-year [2] - Over the last four quarters, Pinterest has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - Pinterest shares have declined approximately 5.7% since the beginning of the year, compared to a decline of -4.3% for the S&P 500 [3] - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market in the near future [6] - The current consensus EPS estimate for the coming quarter is $0.35 on revenues of $960.53 million, and for the current fiscal year, it is $1.73 on revenues of $4.11 billion [7] Group 3: Industry Context - The Internet - Software industry, to which Pinterest belongs, is currently in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Financial Data and Key Metrics Changes - In Q1 2025, the company reported a revenue of $855 million, reflecting a 16% year-over-year increase [6][34] - Adjusted EBITDA grew to $172 million, with an adjusted EBITDA margin of 20%, an increase of 300 basis points compared to Q1 2024 [7][37] - The company ended the quarter with cash, cash equivalents, and marketable securities totaling $2.6 billion [37] Business Line Data and Key Metrics Changes - The company achieved a record number of 570 million monthly active users (MAUs), representing a 10% growth year-over-year [6][32] - Revenue from the U.S. and Canada was $663 million, growing 12%, while Europe saw revenue of $147 million, growing 24% [35] - Revenue from the rest of the world reached $45 million, growing 49% [36] Market Data and Key Metrics Changes - Ad impressions grew by 49% year-over-year, while ad pricing declined by 22% [36] - The international mix shift contributed to the decline in ad pricing, as ads were served in previously unmonetized markets [36][72] - The company expanded its reseller efforts to eight additional markets, enhancing revenue from catalog shopping ads [25][26] Company Strategy and Development Direction - The company is focused on enhancing user engagement through improved visual search capabilities and AI-driven personalization [9][12] - The strategy includes leveraging a full funnel approach to advertising, allowing advertisers to reach consumers at various stages of their shopping journey [17][78] - The company aims to deepen engagement and grow its user base while maintaining expense discipline and investing in high ROI opportunities [31][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the health of the business and the effectiveness of product investments made over the past three years [38][46] - The company anticipates Q2 2025 revenue to be in the range of $960 million to $980 million, representing a 12% to 15% growth year-over-year [38] - Management acknowledged some softness in ad spend from certain categories due to macroeconomic factors but emphasized strong fundamentals [45][46] Other Important Information - The company is enhancing its privacy-centric measurement tools to improve performance measurement for advertisers [26] - The introduction of Performance Plus is expected to drive advertiser value and improve campaign efficiency [22][59] - The company is leveraging AI to automate repetitive tasks and improve engineering productivity, with over 25% of code now generated through AI [31][85] Q&A Session Summary Question: Guidance for Q2 and impact of tariffs on retail and CPG - Management noted strength in business trends and geographic diversification from Asia-based retailers to European markets, despite some tariff impacts [44][45] Question: Progress on Performance Plus and advertiser receptivity - Management highlighted strong performance from advertisers using Performance Plus, with 80% of campaigns outperforming traditional ones [59][60] Question: Trends in ad impressions and pricing in the U.S. and Canada - Management explained that impression growth and pricing dynamics are primarily driven by international mix shift, with less pronounced trends in mature markets [72][73] Question: Broader macro volatility impacting ad spend - Management emphasized the ability to tie together full funnel campaigns, which is particularly compelling during periods of uncertainty [78][79] Question: Success in emerging verticals and AI-generated code - Management discussed growth in financial services and other emerging verticals, highlighting the platform's appeal during key life moments [84][85]

Pinterest (PINS) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Good afternoon. Thank you for attending today's Pinterest First Quarter twenty twenty five Earnings Call. All lines will be muted during the presentation portion of the call with an opportunity for questions at the end. I'll now hand the call over to Andrew Somberg, VP of Investor Relations and Treasury. You may proceed. Speaker1 Good afternoon, and thank you for joining us. Welcome to Pinterest earnings call for the first quarter ende ...

Q1 2025 Earnings Report © 2025 Pinterest. All rights reserved. Non-GAAP Financial Measures To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles in the United States ("GAAP"), we use the following non-GAAP financial measures: Adjusted EBITDA, Adjusted EBITDA margin, non-GAAP costs and expenses (including non-GAAP cost of revenue, research and development, sales and marketing, and general and administrative) ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________ FORM 10-Q _________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to Commission file number 001-38872 Pinterest, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 26-3607129 (State ...

Core Insights - Pinterest reported Q1 revenue of $855 million, exceeding analyst expectations of $846.3 million [1] - The monthly active user count for Q1 was 570 million, significantly higher than the analyst forecast of 163.9 million [1] - The average revenue per user (ARPU) for Q1 was $1.52, slightly above the expected $1.50 [1] - For Q2, Pinterest expects revenue between $960 million and $980 million, compared to analyst expectations of $963.7 million [1] - The anticipated revenue growth for Q2 is projected at 12%-15% [1] - Adjusted EBITDA for Q2 is expected to be between $217 million and $237 million, while analysts forecasted $237.4 million [1] - Following the earnings report, Pinterest's stock rose by 7.68% in after-hours trading, later increasing to 11.81% [1]