Pinterest updated its first-quarter financial outlook to include the expected partial-quarter impact of the recently acquired tvScientific business. The move changes both profitability and top-line guidance as the company folds the purchase into its consolidated statements.
Profitability outlook - Pinterest now anticipates adjusted EBITDA in a range of $163 million to $183 million for the first quarter. That replaces the prior guidance band of $166 million to $186 million and sits below the Bloomberg Consensus estimate of $179.9 million.
Revenue outlook - At the same time, the company raised its revenue projection to a range of $958 million to $978 million, compared with the earlier $951 million to $971 million range. Analysts’ consensus for revenue is $965.7 million.
The revised guidance explicitly reflects the consolidation of tvScientific into Pinterest’s results. The acquisition was completed on Monday, February 17, and the updated ranges are intended to capture the expected partial-quarter contribution from the acquired business.
Clear summary
Pinterest has lowered its adjusted EBITDA guidance slightly while increasing its revenue guidance, with both revisions made to incorporate the partial-quarter effect of the tvScientific acquisition, which closed on February 17. The company’s updated adjusted EBITDA range is $163 million to $183 million versus the prior $166 million to $186 million, and revenue is now guided to $958 million to $978 million versus the prior $951 million to $971 million. Market consensus figures stand at $179.9 million for adjusted EBITDA and $965.7 million for revenue.
Key points
- Pinterest adjusted its first-quarter adjusted EBITDA guidance to $163 million-$183 million, down from $166 million-$186 million.
- Revenue guidance was increased to $958 million-$978 million from a prior $951 million-$971 million range.
- The guidance changes reflect the inclusion of tvScientific in Pinterest’s consolidated financial statements following the acquisition close on February 17.
Risks and uncertainties
- The adjusted EBITDA range was revised downward, indicating potential short-term pressure on profitability metrics compared with the prior outlook - this affects expectations for near-term operating performance.
- Integration of an acquired business during a partial quarter adds uncertainty to forecasting and comparability, as results include only a portion of tvScientific’s contribution.
- Analyst consensus figures for adjusted EBITDA and revenue remain points of comparison and could drive market reaction if actual results diverge from the updated ranges.
This update is limited to the numeric guidance ranges and the fact of integration; no additional operational details or forward-looking explanations beyond the inclusion of tvScientific were provided.