PINS - Pinterest Stock Is Rising Wednesday: What's Happening? | Benzinga
Pinterest Inc (NYSE:PINS) shares are trading higher Wednesday after the company reported strong first-quarter earnings results and issued upbeat guidance. Here’s what you need to know.
- Q1 Revenue: $740 million, beat estimates of $699.872 million
- Q1 EPS: Loss of 4 cents, beat estimates for a loss of 9 cents
Total revenues increased nearly 23% on a year-over-year basis. Pinterest's global monthly active users increased 12% year-over-year to an all-time high of 518 million. Average revenue per user ...