Pinterest Stock Rises After Q1 Revenue Forecast Exceeds Expectations

Reported about 8 hours ago

Pinterest reported Q4 earnings of $0.56 per share, falling short of the anticipated $0.65, but its revenue of $1.15 billion and monthly active users of 553 million exceeded estimates. The stock surged in after-hours trading due to a positive Q1 revenue forecast of $837 million to $852 million, surpassing the expected $835 million.

Source: YAHOO

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