Reports Q4 revenue $1.15B, consensus $1.14B. Global Monthly Active Users increased 11% year over year to 553M. “2024 was a banner year for Pinterest (PINS), capped off by a milestone Q4 – achieving the company’s first billion-dollar revenue quarter and a record 553 million monthly active users, as we continue to drive profitable growth and free cash flow,” said Bill Ready, CEO of Pinterest. “Our strategy is paying off. People are coming to Pinterest more often, the platform has never been more actionable, and our lower funnel focus is driving results for users and advertisers. Looking ahead, I’m confident that our focus on being a positive platform is a competitive advantage in driving long-term success for the business and value for our advertisers and users.”
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