Pinterest, Inc. announced on Thursday that its revenue for the second fiscal quarter of 2025 was $998 million, marking a jump of 17% from the same period in 2024. The figure came higher than the analysts' forecast.The company's net income skyrocketed 336% to $38.8 million compared to the $8 million reported in the same period of 2025. Adjusted EBITDA surged by 33% to $228.3 million. Global Monthly Active Users (MAUs) grew 11% year-on-year to 578...
Pinterest Inc. announced on Thursday that its revenue in the first quarter of fiscal 2025 amounted to $855 million, jumping 16% on an annual basis.In the reported three-month period, net income stood at $8.9 million, significantly up from a net loss of $24.8 million registered in the same timeframe in 2024. Net income per diluted share came in at $0.01, up from a net loss per share of $0.04 recorded in the first trimester of 2024. In the second quarter, the...
Pinterest Inc. revealed on Thursday that its revenue in the fourth quarter of its fiscal 2024 grew 18% viewed annually, reaching $1.1 billion. The social media service company's net income skyrocketed 818% compared to the same period of the year prior, landing at $1.85 billion. Diluted earnings per share (EPS) jumped from $0.29 in the last quarter of 2023 to $2.68 in the corresponding quarter of 2024.For the full year 2024, revenue saw a year-on-year increase of...
Pinterest Inc.'s shares plummeted over 15% after the market closed on Thursday due to disappointing projections on its third-quarter earnings report for the fiscal year 2024.Although Pinterest surpassed what analysts had predicted, it announced that its revenue for the fourth quarter is expected to range from $1.125 billion to $1.145 billion. The central figure in this projection, $1.135 billion, was slightly below the analysts' forecast, which was pegged at $1.143...
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