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Pinterest's Growth Engine Hits a Wall As Revenue Slows Sharply.
PINTEREST SAYS IT HAS ENTERED A FIVE-YEAR, $700 MLN REVOLVING CREDIT FACILITY ON OCT. 15, 2026, REPLACING ITS PREVIOUS $500 MLN REVOLVING CREDIT FACILITY ENTERED INTO ON OCTOBER 25, 2022 AND AMENDED IN OCTOBER 2023 - SEC FILING
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Pinterest’s new AI-powered Beauty Guides translate hair and nail Pins into salon terminology, with estimated costs, appointment times and maintenance needs.
Pinterest announced that Chief Financial Officer Julia Brau Donnelly will step down from her role on Oct. 30 after three years with the company
Pinterest Average Revenue Per User by region in Q2:
• US/Canada: $8.30 (+14%)
• Europe: $1.35 (+4%)
• Rest of World: $0.23 (+21%)
US/Canada monetizes at ~6x of Europe which monetizes at 6x of Rest of World per user
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Pinterest gave a revenue outlook for the current quarter that disappointed investors worried about the company’s momentum despite posting strong user and revenue growth for the prior period
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Pinterest (spanish) live on Colors ❤️
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Pinterest live on Colors ❤️
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