Pinterest Inc (NYSE:PINS)
$ 40.7 -0.06 (-0.15%) Market Cap: 27.81 Bil Enterprise Value: 25.22 Bil PE Ratio: 185.00 PB Ratio: 8.83 GF Score: 78/100

Pinterest Inc at JPMorgan Global Technology, Media and Communications Conference Transcript

May 23, 2023 / 02:10PM GMT
Release Date Price: $23.76 (+2.15%)
Douglas Till Anmuth
JPMorgan Chase & Co, Research Division - MD

All right. Great. We're going to go ahead and get started. I'm Doug Anmuth, JPMorgan's Internet analyst.

First, safe harbor. Some of the statements that Pinterest will make today may be considered forward-looking. These statements involve a number of risks and uncertainties that could cause actual results to differ materially. Any forward-looking statements that Pinterest makes are based on assumptions as of today, and Pinterest undertakes no obligation to update them. Please refer to Pinterest's Form 10-Q for a discussion of the risk factors that may affect its results.

So Pinterest is a visual inspiration platform that people around the world use to discover ideas and turn inspiration into reality. It uniquely sits at the intersection of social and commerce. The platform has more than 460 million monthly active users globally with high commercial intent. We estimate Pinterest is on track for about $3 billion in annual revenue this year.

It's our pleasure to have with us Pinterest's CEO, Bill Ready. So Bill

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