Pinterest: If You Can't Beat Them, Join Them - The Third-Party Partnership Effect
PINSPinterest(PINS) Seeking Alpha·2024-05-12 23:20

kycstudio It took it a while, but Pinterest (NYSE:PINS) appears to have finally found its groove. The company has figured out how to efficiently monetize its platform through strategic partnerships, while also somehow continuing to grow its user base. After seeing the latest results, I have increased confidence in their ability to hit multi-year financial targets. The company made further progress towards sustainable GAAP profitability, and I continue to expect a profitability inflection over the coming qua ...