- Pinterest press release ( NYSE: PINS ): Q2 Non-GAAP EPS of $0.11 misses by $0.07 .
- Revenue of $665.9M (+8.6% Y/Y) misses by $0.67M .
- Shares +16% .
- Global Monthly Active Users (MAUs) decreased 5% year over year to 433 million.
- ARPU of $1.54 vs. $1.33 in 1Q22.
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Our current expectation is that Q3 2022 revenue will grow mid-single digits on a year-over-year percentage basis vs. 8.15% consensus which takes into account slightly greater foreign exchange headwinds than in Q2 2022. We expect our Q3 2022 non-GAAP operating expenses to grow low double digits percent quarter-over-quarter*.
For the full year, there is no change to our previous expense outlook of non-GAAP operating expense growth in the range of 35-40% year over year*.
For further details see:
Pinterest Non-GAAP EPS of $0.11 misses by $0.07, revenue of $665.9M misses by $0.67M