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

Watch Icon
AlphaStreet
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.

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

The post PINS Earnings: Pinterest Q4 2023 earnings surge; revenue up 12% first appeared on AlphaStreet.

 

StimStixx Technologies Inc Announces Strategic Partnership with Hunting Titan Inc. to Revolutionize Well Perforation and Acidizing | Investorempires.com

Read More | Article content CALGARY, Alberta — StimStixx Technologies Inc is excited to announce a groundbreaking product development and distribution partnership with industry leader Hunting Titan Inc., a key move in advancing well perforation and acidization technologies. The collaboration will extend StimStixx Technologies’ global distribution network and foster development of integrated acidizing and perforating […]