Pinterest reports Q4 revenue of $706M, up 76% YoY and beating estimates of $645.6M, and 459M global MAUs, up 37% YoY and above estimates of 449.4M; stock up 7%+
$PINS basically pulled a $ZM. These are not normal numbers. A company can't grow revenue 76% with Adj EBITDA at 42%. That's not supposed to exist at scale. ... but... $PINS then guided to 70%+ growth for next quarter as well.
📌Pinterest reported Q4 results today that beat on both the top and bottom lines and showed strong user growth. $pins up about 9% before the company's earnings call starts. https://www.cnbc.com/...