$PINS | Pinterest Q3 Earnings Highlights:
🔹 Revenue: $898.4M (Est. $896.3M) 🟢; UP +18% YoY
🔹 GAAP EPS: $0.04 (Est. $0.07) 🔴
Q4 Outlook :
🔹 Revenue: $1.125B-$1.145B (Est. $1.14B) 🟡
🔹 Non-GAAP Operating Expenses: $495M-$510M
🔸 Focused on AI-driven personalization and expanding advertiser tools
User Metrics:
🔹 Global MAUs: 537M; UP +11% YoY
🔹 U.S. & Canada MAUs: 99M; UP +3% YoY
🔹 Europe MAUs: 139M; UP +8% YoY
🔹 Rest of World MAUs: 300M; UP +16% YoY
Revenue by Region:
🔹 U.S. & Canada: $719M; UP +16% YoY
🔹 Europe: $137M; UP +20% YoY
🔹 Rest of World: $42M; UP +38% YoY
Other Key Metrics:
🔹 Global ARPU: $1.70; UP +5% YoY
🔹 Adjusted EBITDA: $242.1M; UP +31% YoY
🔹 Adjusted EBITDA Margin: 27% vs 24% YoY
CEO Bill Ready's Commentary:
🔸 "Another strong quarter with record-high user growth at 537 million. Our AI investments are enhancing personalized experiences and improving ad performance, with lower-funnel ad tools as the fastest-growing segment."