Pinterest shares rocket 19% on strong revenue and user growth
Pinterest shares surged after the company topped Wall Street's fourth-quarter estimates and showed robust user growth from a year ago.
Pinterest Stock Jumps on User Growth, Revenue Outlook
Shares in Pinterest jumped after the image-sharing platform's results gave investors comfort about the company’s trajectory. Pinterest's earnings missed expectations, but its monthly active users reached an all-time high,
Pinterest Projects Revenue Above Estimates as AI Tools Boost Ad Spend; Shares Jump
Advertisers turn to Pinterest for its AI-driven ad tools such as Performance+ suite, designed to help advertisers better target users with automation features. "Our strategy is paying off. People are coming to Pinterest more often, the platform has never been more actionable," CEO Bill Ready said in a statement.
Pinterest shares jump as AI advertisement tools drive forecasts
Pinterest's shares rose 20% on Friday as it forecast first-quarter revenue above estimates, indicating that its AI-powered tools would spur ad spend on the image sharing platform. Pinterest has focused on direct response ads,
Pinterest Shares Jump 20% As AI-Powered Tools Boost Revenue Forecast
Social media company Pinterest (NYSE:PINS) forecast on Friday that its first-quarter revenue would be higher than estimated, with its AI-powered tools increasing ad spend on the image sharing platform.
Pinterest CEO Bill Ready: AI helped drive recommendations to our users
CNBC's Julia Boorstin sits down with Pinterest CEO Bill Ready to discuss the company's most recent earnings, what factors ...
Pinterest lists DEI attacks as possible business risk in latest filing
Pinterest listed the latest attacks on diversity, equity, and inclusion as a possible business risk in its latest 10-K filing ...
Pinterest Says Its DEI Commitments Put It at Risk of Conservative Backlash
Our brand and reputation and stock price may be harmed" if it goes overboard on DEI, the social media company said in a ...
Pinterest jumps 18% after reporting its first-ever $1 billion quarter and a strong sales outlook
As well as hitting $1 billion in quarterly revenue for the first time, Pinterest reached record user numbers, with 553 ...
Pinterest projects revenue above estimates as AI tools boost ad spend
Pinterest forecast first-quarter revenue above market estimates on Thursday, betting on the image-sharing platform's ...
Pinterest: User Growth and Monetization
Pinterest's adjusted earnings per share came in a bit light for the fourth quarter, but it's tough to find much else to be ...
Pinterest Is Soaring After Stellar Numbers -- Is the Best Yet to Come?
Not only that, but the monetization of these users is improving, and in some very encouraging ways. Overall, average revenue ...
Pinterest upgraded at Benchmark with monetization catching up to engagement
As previously reported, Benchmark upgraded Pinterest (PINS) to Buy from Hold with a $55 price target While having “long been challenged” by ...