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Pinterest shares soar 18% on earnings beat, strong revenue growth - TL;DR CNBC

Pinterest shares soar 18% on earnings beat, strong revenue growth

Publishing timestamp: 2024-04-30 17:09:48


Summary

Pinterest's first-quarter results beat analysts' estimates, with revenue jumping 23% year over year. The company's net loss narrowed and it reported an increase in monthly active users. Pinterest expects continued growth in the second quarter.


Sentiment: POSITIVE

Tickers: GOOGGOOGLSNAPMETA

Keywords: alphabet incmeta platforms incbreaking news: technologysnap incalphabet class ctechnologyinternetsocial mediabusiness newsenterprise

Source: https://www.cnbc.com/2024/04/30/pinterest-shares-soar-16percent-on-earnings-beat-strong-revenue-growth-.html


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