The shares of Pinterest Inc - Class A are trading at $20.25.įinzoom Investment Advisors Private Limited - Investment Advisory Unit (Separately Identifiable Unit) : is the holding Company which is registered with Securities Exchange Board of India as an investment advisor under SEBI (Investment Advisors) Regulations, 2013 (“IA regulations”) vide registration no. NYSE on April 18, 2019, under the ticker PINS.Ĭurrently Pinterest Inc - Class A has a market cap of $12.85 Billion. Pinterest begins trading on the New York Stock Exchange. Pinterest acquired Livestar and Hackermeter in 2013 and the startup URX in 2016, followed by Jelly Industries in 2017. The company secured a $225 million round of equity funding in 2013 and raised $150 million from a group of existing investors in 2017. In 2012, Japanese electronic commerce company Rakuten announced it was leading an investment of $100 million in Pinterest.
Pins earnings series#
Pinterest secured US$ 10 million Series A financing from Bessemer Venture Partners and US$27 million funding from Andreessen Horowitz in 2011. Time Magazine included Pinterest in the 50 Best Websites of 2011. Pinterest is headquartered in San Francisco, California, US and has offices across Japan, France, Spain and the UK. Paul Sciarra, Evan Sharp and Ben Silbermann founded the company in March 2010. The company’s objective is to give users a chance to discover things that interest them and inspire them to do those things in their everyday life.
It is referred to as the world’s catalogue of ideas. The Pinterest platform is accessible on Web, Android, and iOS devices.
Pinterest also offers personalised advertisement services. Users can discover recipes, fashion ideas, home renovation projects, DIY ideas, among other things. It operates a visual discovery engine that allows users to post content and find information online by leveraging images, videos and GIFs. is a technology and communication company. The market looks ahead, so its reaction to Pinterest's report will probably hinge heavily on guidance, relative to Wall Street's expectations, along with the user data.Company Information Pinterest Inc. From these numbers, we can conclude that international MAUs were about 350.2 million, just over 1% higher than at the end of last quarter. MAUs of about 86.6 million, nearly 1% higher than at the end of the fourth quarter of 2021, and global MAUs of about 436.8 million. 1, one month into the first quarter: U.S. In last quarter's earnings release, the company provided the following numbers as of Feb. ARPU to $7.43 and an 62% surge in international ARPU to $0.57. Global ARPU rose 23% year over year to $1.93. MAUs declined 12% to 86 million, while international MAUs edged down 4% to 346 million. Last quarter, global MAUs fell 6% year over year to approximately 431 million. users are more valuable to the company than international ones since they bring in considerably more advertising revenue. Pinterest's revenue is determined by two metrics: the number of global monthly active users (MAUs) and global average revenue per user (ARPU), which reflects the advertising rates it achieved. That's when concerns about looming Federal Reserve interest rate increases began to hurt stocks in general, and particularly tech growth stocks and other interest rate-sensitive stocks. The stock's struggles are attributable to a combination of investor concern over user growth and market dynamics, which began to weigh on the stock late last year. The stock is down nearly 75% since hitting its all-time high in mid-February 2021. Pinterest stock has been on a largely steady downslide since the second half of 2021, following it seesawing up-and-down in the first half of that year and soaring 254% in 2020. However, user growth - particularly in the United States - continues to be pressured by tough year-over-year comparables from the earlier stages of the pandemic, when people were spending much more time in their homes and online. Indeed, earnings exceeded analysts' expectations in all four quarters last year. Last quarter, shares rose 11.2% after revenue and earnings beat the Wall Street consensus estimates. The visual-based social media company is heading toward its release on a mixed note. A conference call with analysts is scheduled for the same day at 4:30 p.m. Pinterest ( PINS -1.08%) is slated to report its first-quarter 2022 results after the market closes on Wednesday, April 27.
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