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Sep 30, 2023
Pinterest Q3 2023 Earnings Report
Pinterest's Q3 2023 earnings demonstrated strong revenue growth and margin expansion.
Key Takeaways
Pinterest's Q3 2023 earnings showcased strong revenue growth, reaching $763 million, an 11% year-over-year increase. Global MAUs also saw an 8% increase, reaching 482 million. The company's GAAP net income was $7 million, with an adjusted EBITDA of $185 million.
Q3 revenue grew 11% year over year to $763 million.
Global Monthly Active Users (MAUs) increased 8% year over year to 482 million.
GAAP net income was $7 million for Q3.
Adjusted EBITDA was $185 million for Q3.
Revenue by Geographic Location
Forward Guidance
For Q4 2023, Pinterest expects revenue to grow in the 11-13% range year over year. They also expect Q4 2023 Non-GAAP operating expenses to decline in the 9-13% range year over year. This operating expense guidance does not include cost of revenue.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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