Pinterest's (PINS) Q1 2022 Earnings Call Transcript

For the period ending March 31, 2022

April 27, 2022 4:30 p.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good afternoon. Thank you for attending today’s Pinterest First Quarter 2022 Earnings Call. My name is Bethany and I’ll be moderator for today’s call. All lines will be muted during the presentation course of the call with an opportunity for questions and answers at the end. [Operator instructions]

I would now like to pass the conference over to our host Neil Doshi, Head of Investor Relations of Pinterest. Please go ahead.

Neil Doshi

Thanks, Bethany. Good afternoon and thank you for joining us. Welcome to Pinterest’s earnings call for the first quarter ended March 31, 2022. I’m Neil Doshi, Head of Investor Relations for Pinterest. Joining me today on the call are Ben Silbermann, Pinterest’s President and CEO; and Todd Morgenfeld, our Chief Financial Officer and Head of Business Operations.

Now, I’ll cover the safe harbor. Some of the statements we make today regarding our performance, operations and outlook, including the impact of the COVID-19 pandemic, may be considered forward-looking and such statements involve a number of risks and uncertainties that could cause actual results to differ materially. In addition, our results, trends and outlook for Q2 2022 and beyond are preliminary and are not an indication of future performance.

We are making these forward-looking statements based on information available to us as of today and we disclaim any duty to update them later unless required by law. For more information, please refer to the risk factors discussed in our most recent forms 10-Q or 10-K filed with the SEC and available on the Investor Relations section of our website. During this call, we will present both GAAP and non-GAAP financial measures. A reconciliation of non-GAAP to GAAP measures is included in today’s earnings press release and letter to shareholders, which are distributed and available to the public through our Investor Relations website located at investor.pinterestinc.com.

And now, I’ll turn the call over to Ben.

Ben Silbermann

Hi, everyone. We appreciate you joining the call. We’ll open up with some comments and then take your questions. But just before we get started, I wanted to express on behalf of our entire company, that are hard to continue to go out to all those impacted by what’s happening in Ukraine. We have members of our team who lived in the region and are now thankfully safe. And I’m proud of how our company came together to support humanitarian efforts for Ukrainians. We’ll continue to keep everyone affected in our thoughts during this unimaginable time.