Pinterest, Inc. Class A Common Stock

- The company reported Q2 revenue of $666 million, up 9% year over year (YOY). Global monthly active users (MAUs) decreased 5% YOY to 433 million.
- U.S. and Canada revenue grew 7% to $542 million, Europe revenue grew 10% to $102 million, and Rest of World revenue grew 71% to $22 million.
- The company expects that Q2 revenue will grow around mid-single digits YOY.
- U.S. and Canada MAUs decreased 8% to 92 million, Europe MAUs decreased 4% to 117 million, and Rest of World decreased 3% to 223 million.
- Shopping ads revenue grew at double the rate compared to overall revenue year over year
- 10% of watch time on Pinterest is done by watching video content.
- Margin expansion going into 2023.

$PINS  [https://youtu.be/ubrHa5BBI14](https://youtu.be/ubrHa5BBI14)

I've been hearing so many great things about $PINS from a user perspective across TikTok. Many are saying that it has the potential to surpass instagram in usage (maybe they're getting a bit carried away, but this is one of the takes that I heard). There's a ton of people who are excited about the monetization opportunities on Pinterest, so the stock soaring doesn't surprise me at all!

Sidni Standard

In this video, I will go over Pinterest's (NYSE: PINS) Q2 earnings report and talk about all the current and future product developments the company is worki...

Why Pinterest Stock SOARED After Earnings Reporting? | PINS Stock

Pinterest Earnings Reaction

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