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Pinterest Stock Soars on Upbeat Forecast, Revenue Beat
Shares of Pinterest Inc (NYSE:PINS) are up 10.7% at $30.83 at last glance, after the social media platform issued a stronger-than-expected current-quarter forecast. First-quarter revenue of $855 topped estimates, while adjusted earnings of 23 cents per share came in just below expectations.
The San Francisco-based company PINS reported first-quarter revenue growth of 16% to beat Wall Street’s expectations.
In this photo illustration, the Pinterest logo is seen displayed on a ... More smartphone screen. (Photo Illustration by ...
Pinterest execs also touted Gen Z in examples of how advertisers are finding value on their platform. Chief financial officer ...
Pinterest shares jumped more than 11% on Friday, after a strong quarterly revenue forecast allayed investor jitters about the ...
Christine Martinez, who was a friend of two of Pinterest’s three co-founders, sued the company in 2021 for breach of implied contract and other claims.
Pinterest shares are jumping 8% in intraday trading Friday, a day after the social media service reported first-quarter ...
Well, Pinterest handily beat expectations on the top line, growing revenue 16% year over year. Adjusted earnings per share (EPS) came in a little light, but the overall growth of the business is the ...
Pinterest users have recently experienced unexpected account suspensions and pin removals, sparking confusion and frustration ...
Pinterest's strong quarterly revenue forecast—and its new AI tools—make it a compelling platform for marketers.
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