Pinterest announces financial quarter results on 30th June 2021
Quarter 2 revenue expanded 125% year over year to $613 million.
Global Monthly Active Users grew 9% year over year to $454 million.
GAAP net income was $69 million for Quarter 2. Adjusted EBITDA was $178 million for Quarter 2.
“Our second-quarter results reflect both the strength of our business and the recent shift in consumer behavior we’ve seen; as people spend less time at home,” said Ben Silbermann, Co-founder, and CEO of Pinterest. “While we navigate through the pandemic, Pinterest is focused on building for the long-term by transforming a place to browse, save and organize a community of inspiring people sharing their passions and expertise.”