Pinterest (PINS) Tops Q1 EPS by 7c

Pinterest (NYSE: PINS) reported Q1 EPS of $0.08, $0.07 better than the analyst estimate of $0.01. Revenue for the quarter came in at $603 million versus the consensus estimate of $594.16 million.

• Global Monthly Active Users (MAUs) increased 7% year over year to 463 million.

Guidance

Our current expectation is that Q2 revenue will grow roughly in-line with the growth we saw in Q4 2022 and Q1 2023. We expect our Q2 non-GAAP operating expenses to grow low teens on a percentage basis quarter-over-quarter.*

For earnings history and earnings-related data on Pinterest (PINS) click here.

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