From CNBC: 2025-02-06 17:02:12

Pinterest’s shares surged 20% after reporting fourth-quarter earnings that beat revenue expectations. The company posted $1.15 billion in revenue, exceeding the $1.14 billion forecasted. Adjusted EBITDA came in at $470.9 million, higher than the expected $444.8 million. Pinterest’s global monthly active users grew to 553 million in Q4, representing 11% year-over-year growth.

The company’s adjusted earnings per share was 56 cents, but not comparable to estimates due to a $1.6 billion deferred tax benefit. Pinterest’s net income for Q4 was $1.85 billion, including the deferred tax benefit. The company’s adjusted EBITDA margin was 41%, beating Wall Street’s 39% projection. Pinterest forecasts first-quarter sales between $837 million and $852 million.

CEO Bill Ready stated, “Our strategy is paying off,” as Pinterest continues to see growth in active users and revenue per user. The company’s Q4 results follow strong performances by other social media companies like Snap and Meta. Reddit is set to report its fourth-quarter earnings soon.



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