4/30 PINS

42% earnings beat and 6% revenue beat. 24% growth with 1100 basis points of earnings before taxes margin expansion, which is extremely good. They grew users by around 10 to 12% depending on geographical region, and they are having 40% of their users as Gen Z users, which they say they are aging down their internet product and increasing market fit with younger generations. They also have about 100 million in stock-related compensation expenses, and the CFO says they are likely to increase operating expenses related to AI headcount. Grade B. confidence 0.6. https://apps.apple.com/us/app/assetamie/id6478940149