![]() ![]() Pinterest generates revenue by selling advertising for marketers and companies that gain visibility for their brands. User growth trends, which are reflected in the number of MAUs, will be the key factor that will affect Pinterest’s revenue and financial results for the recently ended quarter. As of March 31, 2019, Pinterest targets to report global MAUs of 291 million, up 22% from March 31, 2018. Loss from operations is estimated to be in the range of $50.5 million to $47.5 million, representing a decrease of 8% to 14% compared to the three months ended March 31, 2018. ![]() The increase in revenue was primarily driven by a 22% increase in average monthly active users and a 24% to 26% increase in Average Revenue per User (ARPU) for the low and high estimated preliminary results, respectively. Pinterest stock, which jumped 28% on its opening day from IPO price of $19, has surged 8.86% to $28.99 today.įor the three months ended March 31, 2019, the San Francisco, California-based company expects to report revenue in the range of $198.9 million to $201.9 million, representing an increase of 51% to 54% compared to the three months ended March 31, 2018. For the first quarter of 2019, analysts expect the social media firm to post a loss of 15 cents per share on revenue of $200.41 million. After becoming a public company in April, Pinterest ( NYSE: PINS) will be reporting its first quarterly results on Thursday, May 16 after market closes. ![]()
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