Categories AlphaGraphs, Earnings, Technology
Pinterest reports double-digit growth in Q3 2024 revenue and profit
Image search services provider Pinterest, Inc. (NYSE: PINS) has reported a sharp increase in revenues and adjusted earnings for the third quarter of 2024.
Total revenues increased 18% year-over-year to $898.4 million in the September quarter when the top line grew across all geographical regions.
Net profit, adjusted for special items, moved up to $0.40 per share in Q3 from $0.28 per share last year. On an unadjusted basis, net income was $30.6 million or $0.04 per share in the third quarter, compared to $6.73 million or $0.01 per share in the comparable period of 2023.
“Our AI investments are driving results by powering better-personalized experiences and greater performance for advertisers, with our lower-funnel ad tools being the fastest-growing part of our business,” said Bill Ready, CEO of Pinterest.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key highlights from Nio’s (NIO) Q3 2024 earnings results
NIO Inc. (NYSE: NIO) reported its third quarter 2024 earnings results today. Total revenues were $2.66 billion, down 2.1% from the same period a year ago. Net loss attributable
Key takeaways from Walmart’s (WMT) Q3 2025 report
Over the years, Walmart Inc. (NYSE: WMT) has followed a successful business model focused on offering customers a unique shopping experience and the best prices. While the retail giant continues
What to look for when Macy’s (M) reports its Q3 2024 earnings results
Shares of Macy’s, Inc. (NYSE: M) remained red on Tuesday. The stock has dropped 14% over the past three months. The retailer is scheduled to report its third quarter 2024
