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Pinterest Jan-Mar 2021 Financial Results

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Have you ever heard of Pinterest (ticker symbol: PINS), a U.S. stock?

It is a photo-sharing service operator in the United States.

This time, I would like to introduce the company’s financial results for the period from January to March 2021, which were announced on April 27, 2021.

January to March 2021

EPS: 11¢ vs. 7¢ expected.

Net sales were $485 million, compared to the forecast of $472 million.

Sales growth rate was 78.4% YoY.

Sales in the U.S. were $390 million, up 65% from the same period last year. International sales were $95 million, up 170% from the same period last year.

Monthly active users were 478 million, up 30% from the same period last year. Of these, 98 million were in the U.S., up 9% from the same period last year. Overseas, the number of users increased by 37% year-on-year to 380 million.

Global unit price per user was $1.04, up 34% YoY. In the U.S., it was $3.99, up 50% YoY. Overseas, the price per user was $0.26, up 91% from the same period last year.

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