On July 30, 2024, Pinterest, Inc. reported its financial results for the second quarter ended June 30, 2024. The company announced a 21% increase in revenue to $854 million and a 12% rise in global monthly active users (MAUs) to 522 million. GAAP net income for the quarter was $9 million, with adjusted EBITDA reaching $180 million. Pinterest's CEO, Bill Ready, highlighted the company's successful monetization efforts and the improved performance of advertisers on the platform. The company also provided guidance for Q3 2024, expecting revenue between $885 million to $900 million, which would represent a 16-18% growth year over year. Non-GAAP operating expenses are projected to be in the range of $485 million to $500 million. The financial report and future outlook were discussed in a conference call on the same day. Pinterest's press release emphasized the use of non-GAAP financial measures to help investors understand underlying trends, and reconciliations to GAAP measures were provided.

On July 30, 2024, Pinterest, Inc. reported its financial results for the second quarter ended June 30, 2024. The company announced a 21% increase in revenue to $854 million and a 12% rise in global monthly active users (MAUs) to 522 million. GAAP net income for the quarter was $9 million, with adjusted EBITDA reaching $180 million. Pinterest's CEO, Bill Ready, highlighted the company's successful monetization efforts and the improved performance of advertisers on the platform. The company also provided guidance for Q3 2024, expecting revenue between $885 million to $900 million, which would represent a 16-18% growth year over year. Non-GAAP operating expenses are projected to be in the range of $485 million to $500 million. The financial report and future outlook were discussed in a conference call on the same day. Pinterest's press release emphasized the use of non-GAAP financial measures to help investors understand underlying trends, and reconciliations to GAAP measures were provided.