#Pins earnings date q3 2021 free

The opex rate dropped about 20 points to around 40%. Gross margins rose six points in the quarter to a very-high 82%. This rapid revenue growth drove huge margin expansion through economies of scale inherent to Pinterest’s highly scalable digital ad business model. This combination of multi-quarter-high user growth and multi-quarter-high unit revenue growth sparked 76% revenue growth for Pinterest in Q4 - the company’s single-best revenue growth rate since becoming a public company. That marks the company’s best ARPU growth rate since the third quarter of 2018. At the same time, ARPU growth dramatically accelerated to 29% in the quarter (up from 14% in Q3). Monthly active users rose 37% in the quarter, consistent with Covid-19 trends in Q2 (MAUs +39%) and in Q3 (+37%). Pinterest’s Blowout Earningsįrom head to toe, Pinterest’s fourth quarter numbers were strong. My numbers say that Pinterest stock will soar to $200 in the long run.

#Pins earnings date q3 2021 free

Sign Up for Luke’s Innovative Hypergrowth Newsletter and Get Your Free Special Report.And, as that happens, PINS stock will keep pushing higher. As the company adds tons of new users and advertisers over the next several years, Pinterest’s revenues and profits will continue to soar. This company is still in the early stages of expanding its global reach and ramping up its advertising platform. From a price action perspective, some investors may think that the best has already happened.īut, from a fundamental perspective, the best is yet to come for Pinterest. I know Pinterest stock has soared from $10 to $80 over the past eleven months. Source: Nopparat Khokthong / īut, what is surprising is that this is just the beginning of the big rally in PINS stock.