Pinterest, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
July 29, 2021 at 04:05 pm EDT
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Pinterest, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2021. For the quarter, the company announced revenue of USD 613,210,000 compared to USD 272,485,000 a year ago. Net income from operations was USD 69,417,000 compared to loss of USD 100,748,000 a year ago. Basic earnings per share was USD 0.11 compared to loss per share of USD 0.17 a year ago. Diluted earnings per share was USD 1.10.
Pinterest, Inc. is a visual search and discovery company. The Companyâs primary service, Pinterest, can be accessed through its mobile application or the Web. People use Pinterest to find ideas. As they browse Pinterest content, Pins, they fine-tune their tastes and find the idea. Users interact with the platform in multi-session journeys to find inspiration, curate their latest look, plan their next project and shop from brands. It has approximately 498 million monthly active users across the world. Content on Pinterest comes from a variety of sources, including retailers, brands, creators, publishers and users. It acquires that content via a range of methods, including product catalog uploads, direct publishing, and user curation. Content formats include images that allow the user to click into an idea to learn more, videos that provide the steps of an idea, and products that brands and merchants upload from catalogs.
PINTEREST, INC. 
