BullseyeGains
Oct 30, 7:14 AM
Pinterest now has 661 million monthly users, up 61 million from last year. But the money isn't following:
📈 revenue
$1.17 billion, a bit under the
$1.21 billion expected
🐢 revenue per user up only about 1%
🔮 Q4 revenue guide of
$1.45 billion vs about
$1.52 billion expected
📉 EBITDA guide of
$563 million vs about
$612 million expected
More people, same dollars per person.
$PINS $TTD $APP $ETSY $SHOP all live on the same ad and shopper dollars. What closes the gap between users and revenue?
