Core Viewpoint - Pinterest, Inc. reported modest first-quarter 2025 results with net income missing estimates while revenues exceeded expectations, driven by strong growth across all regions and enhanced monetization efforts [1][2]. Financial Performance - Net income on a GAAP basis was $8.9 million, or $0.01 per share, compared to a net loss of $24.8 million, or a loss of $0.04 per share, in the prior-year quarter [2]. - Non-GAAP net income was $159.6 million, or $0.23 per share, up from $119.8 million, or $0.17 per share, in the year-ago quarter [2]. - Revenues increased to $855 million from $740 million in the prior-year quarter, surpassing the Zacks Consensus Estimate of $846 million [3]. User Growth - Global monthly active users (MAUs) grew by 10% year-over-year to reach 570 million, marking an all-time record [3]. - MAUs in the United States and Canada were 102 million, up 4% year-over-year, exceeding estimates [7]. - The Rest of World segment registered MAUs of 320 million, up 14% from the previous year [7]. Revenue Breakdown - Revenues from the United States and Canada totaled $663 million, a 12% year-over-year increase, although it missed the revenue estimate of $678.3 million [6]. - European revenues reached $147 million, up 24% from $118 million in the year-ago quarter, surpassing the estimate of $129.3 million [6]. - Revenues from the Rest of World increased to $45 million from $30 million, exceeding the revenue estimate of $38.9 million [6]. Average Revenue Per User (ARPU) - Global ARPU stood at $1.52, compared to $1.46 in the year-ago quarter [8]. - ARPU in Europe improved by 17% year-over-year to $1.00, while in the United States and Canada, it rose by 8% to $6.54 [8]. - ARPU from the Rest of World increased by 29% year-over-year to $0.14 [8]. Operational Efficiency - Adjusted EBITDA was $172 million in Q1 2025, up from $126 million in the prior-year quarter, reflecting a 36% year-over-year improvement [9]. - Total costs and expenses rose to $890.5 million from $794.4 million in the year-ago quarter [9]. Cash Flow and Liquidity - The company generated $363.7 million in cash from operating activities, compared to $356.1 million in the prior-year quarter [10]. - As of March 31, 2025, Pinterest had $1.25 billion in cash and cash equivalents [10]. Outlook - For Q2 2025, Pinterest expects revenues in the range of $960-$980 million, indicating a year-over-year growth of 12-15% [11]. - Management anticipates adjusted EBITDA to be between $217-$237 million [11].

Wall Street analysts expect Pinterest (PINS) to post quarterly earnings of $0.25 per share in its upcoming report, which indicates a year-over-year increase of 25%. Revenues are expected to be $845.74 million, up 14.3% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 30.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to ...

Core Insights - Pinterest (NYSE: PINS) presents an attractive growth narrative for investors, with projected revenue of $3.65 billion in 2024, reflecting a 19% year-over-year increase, and a rise in monthly active users (MAUs) by 11% to 553 million [1] Revenue and User Growth - In 2024, Pinterest is expected to achieve $3.65 billion in revenue, marking a 19% increase compared to the previous year [1] - The company’s MAUs increased by 11%, reaching 553 million [1] - Analyst consensus from Refinitiv anticipates continued MAU growth of over 10% in 2025, alongside revenue growth [1]