Categories AlphaGraphs, Earnings, Technology

PINS Earnings: Pinterest Q4 2023 earnings surge; revenue up 12%

Image search services provider Pinterest, Inc. (NYSE: PINS) has reported a sharp increase in revenues and adjusted earnings for the fourth quarter of 2023.

Pinterest Q4 2023 earnings infographic

Total revenues increased 12% year-over-year to $981.3 million in the December quarter when the top line grew across all geographical regions.

Net profit, adjusted for special items, moved up to $0.53 per share from $0.29 per share last year. On an unadjusted basis, net income was $201.2 million or $0.29 per share in Q4, compared to $17.5 million or $0.03 per share in the comparable period of 2022.

“We had a strong Q4, bookending a transformative year for Pinterest. 2023 was our most productive year yet as we accelerated our product velocity and launched more solutions than ever before,” said Bill Ready, CEO of Pinterest.

Prior Performance

  • Pinterest Q4 2022 earnings infographic
  • Pinterest-Q3-2022-Earnings-Infographic

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