- Pinterest press release ( NYSE: PINS ): Q4 Non-GAAP EPS of $0.29 beats by $0.01 .
- Revenue of $877.21M (+3.6% Y/Y) misses by $9.57M .
- Global Monthly Active Users increased 4% year over year to 450 million.
- GAAP net income was $17 million for Q4. GAAP net loss was $96 million for 2022. Adjusted EBITDA was $196 million and $442 million for Q4 and 2022, respectively.
- Pinterest also announced its board of directors' authorization to repurchase up to $500 million of its Class A common stock over the next 12 months.
- Separately, Pinterest today announced that Todd Morgenfeld, Chief Financial Officer and Head of Business Operations, will transition from Pinterest to pursue new career opportunities on July 1, 2023.
- Shares -8.57% .
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Pinterest Non-GAAP EPS of $0.29 beats by $0.01, revenue of $877.21M misses by $9.57M