Pinterest — Nov 7, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001506293-24-000180
Showing in the filing
Non-GAAP operating expenses
“$495 million to $510 million”
Period
Q4 FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 6
Non-GAAP operating expenses Y/Y % Growth for Q4 FY2024
“11%”
Revenue Y/Y % Growth for Q4 FY2024
“15%”
Revenue for Q4 FY2024
“$1,125 million to $1,145 million”
Revenue growth year over year for Q4 FY2024
“15-17% growth year over year”
Non-GAAP operating expenses for Q4 FY2024
“$495 million to $510 million”
Non-GAAP operating expenses growth year over… for Q4 FY2024
“11-14% growth year over year”
Exhibit 99.1 · the passage around this item
… earlier in the release
and Canada $ 7.31 $ 6.46 13 % ARPU - Europe $ 1.00 $ 0.91 10 % ARPU - Rest of World $ 0.14 $ 0.12 18 % 2 Guidance For Q4 2024, we expect revenue to be in the range of $1,125 million to $1,145 million, representing 15-17% growth year over year. We expect Q4 2024 Non-GAAP operating expenses* to be in the range of $495 million to $510 million, representing 11-14% growth year over year. Please note that our operating expense guidance does not include cost of revenue. We intend to provide further details on our outlook during the conference call. _____________ * We have not provided the forward-looking GAAP equivalents for certain forward-looking non-GAAP operating expenses or a GAAP reconciliation as a result of the uncertainty regarding, and the potential variability of, reconciling items such as share-based compensation expense, which is impacted by, among other things, employee retention and decisions around future equity grants to employees. Accordingly, a reconciliation of these non-GAAP guidance metrics to their corresponding GAAP equivalents is not available without unreasonable effort. However, it is important to note that material changes to reconciling items could have a significant effect on future GAAP results and, as such, we also believe that any reconciliations provided would imply a degree of precision that could be confusing or misleading to investors. 3 Webcast and conference call information A live audio webcast of our third quarter 2024 earnings release call will be available at investor.pinterestinc
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.