Updated
Updated · CNBC · May 4
Pinterest shares surge 17% after earnings beat and strong guidance
Updated
Updated · CNBC · May 4

Pinterest shares surge 17% after earnings beat and strong guidance

12 articles · Updated · CNBC · May 4
  • The company posted adjusted EPS of 27 cents on $1.01 billion revenue, topping LSEG estimates, while forecasting second-quarter revenue of $1.13 billion to $1.15 billion.
  • First-quarter adjusted EBITDA was $207 million versus $176 million expected, monthly active users rose 11% to 631 million, and average revenue per user reached $1.61, above forecasts.
  • Pinterest still reported a net loss of $73.59 million, reversing year-earlier profit, after previously missing estimates for five straight quarters and warning in February that tariffs were hurting advertising demand.
After a 20% stock surge, can Pinterest's AI strategy truly challenge tech giants, or is this just a temporary rebound?
Could Pinterest's 'high-intent' user base become the biggest hidden threat to the traditional social commerce market?