Pinterest (PINS) Tops Q4 EPS by 3c
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Pinterest (NYSE: PINS) reported Q4 EPS of $0.49, $0.03 better than the analyst estimate of $0.46. Revenue for the quarter came in at $847 million versus the consensus estimate of $827.43 million.
GUIDANCE:
Our current expectation is that Q1 revenue will grow in the high teens percentage range year over year. We expect our non-GAAP operating expenses to grow around 10% quarter-over-quarter in Q1*. For the full year, we expect non-GAAP operating expenses to grow around 40% year-over-year as we ramp up our investments in our native content ecosystem, core Pinner experience, and headcount across research and development and sales and marketing*.
For earnings history and earnings-related data on Pinterest (PINS) click here.
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