Pinterest's shares jumped over 16% in pre-market trading following the announcement of Q1 results that exceeded expectations, with revenue reaching $1.01 billion, up 17% year-over-year. The company reported adjusted earnings per share of $0.27, surpassing analyst estimates, and projected Q2 revenues between $1.13 billion and $1.15 billion, significantly higher than the $1.12 billion consensus. With global monthly active users increasing by 11% year-over-year, Pinterest is experiencing continued growth momentum, supporting a projected adjusted EBITDA of $256 million to $276 million.
“PINTEREST · posted · Q1 results · above expectations”
“PINTEREST · revenue rose · Y/Y · 17%”
“PINTEREST · adjusted EPS · beating estimates · $0.27”
“PINTEREST · Global monthly active users grew · Y/Y · 11%”
“PINTEREST · expects Q2 revenue · above the $1.12B consensus · $1.13B to $1.15B”
“PINTEREST · adjusted EBITDA projected · supported by continued momentum · $256M to $276M”
“Pinterest · is up · more than +11% · +11%”
“Pinterest · popped · 15%”
“Pinterest · revenue guidance · for the second quarter · $1.13 billion to $1.15 billion”
“Pinterest · expected revenue · $1.11 billion · based on analyst expectations”
“Pinterest · had · revenue · 1B”
“Pinterest · had · adjusted EPS · 0.27”
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