Pinterest’s stock is soaring, as platform gets more users and hits its first $1 billion sales quarter
Pinterest PINS hit fourth-quarter sales of $1.15 billion, coming in above $1 billion for the first time, and grew the number of its global monthly active users by 11% year-on-year to 553 million. It also guided for better-than-expected revenue in the current quarter.
Not only that, but the monetization of these users is improving, and in some very encouraging ways. Overall, average revenue ...
Shares of Pinterest surged after the company reported its highest monthly active user count on record and Wall Street analysts praised its guidance for the first quarter. The stock opened the market ...
Pinterest's shares rose 20% on Friday as it forecast first-quarter revenue above estimates, indicating that its AI-powered ...
Pinterest recorded its first billion-dollar quarter in Q4 2024, driven by strong revenue and user growth, despite missing ...
Pinterest reported fourth-quarter sales of $1.15 billion, ahead of the $1.14 billion that Wall Street was expecting.
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