Pinterest Announces Fourth Quarter and Full Year 2023 Results, Delivers Record High Users and Robust Margin Expansion
PINSPinterest(PINS) Businesswire·2024-02-09 05:06

SAN FRANCISCO--(BUSINESS WIRE)--Pinterest, Inc. (NYSE: PINS) today announced financial results for the quarter and year ended December 31, 2023. Q4 revenue grew 12% year over year to 981million.2023revenueincreased9981 million. 2023 revenue increased 9% year over year to 3,055 million. Global Monthly Active Users (MAUs) increased 11% year over year to 498 million. GAAP net income was 201millionforQ4.GAAPnetlosswas201 million for Q4. GAAP net loss was 36 million for 2023. Adjusted EBITDA was 365millionand365 million and 683 million for Q4 and 2023, respectively. Total costs a ...