Pinterest Stock Soars as Revenue, Users Beat Expectations

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Pinterest Stock Soars as Revenue, Users Beat Expectations

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Pinterest Stock Soars as Revenue, Users Beat Expectations

//stocks-investing.news-articles.net/content/202 .. ck-soars-as-revenue-users-beat-expectations.html

Published in Stocks and Investing on Friday, February 7th 2025 at 10:21 GMT by Kiplinger
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Pinterest stock is higher Friday after the social media site beat revenue and user expectations for its fourth quarter. Here's what you need to know.

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Pinterest's stock surged after the company reported better-than-expected earnings for the first quarter, with revenue and user growth exceeding Wall Street's forecasts. The social media platform, known for its visual discovery engine, saw its revenue climb to $602.6 million, surpassing the anticipated $593.7 million. Additionally, Pinterest's global monthly active users increased by 7% year-over-year to 463 million, driven by enhancements in personalization and the introduction of new features like the collage tool. The company also reported an adjusted earnings per share of 8 cents, beating the expected 5 cents. This performance reflects Pinterest's ongoing efforts to improve user engagement and monetize its platform more effectively, leading to a positive market response.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/stocks/pinterest-stock-soars-as-revenue-users-beat-expectations ]