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Pinterest shares rise 10% on better-than-expected guidance

  • Pinterest shares increased by 10% in extended trading after better-than-expected first-quarter earnings were reported.
  • The company forecasted second-quarter sales between $960 million and $980 million, exceeding analysts' expectations of $966 million.
  • Pinterest had 570 million monthly active users, surpassing Wall Street estimates of 565 million.
  • Adjusted earnings before interest, taxes, depreciation, and amortization were $172 million, higher than the expected $164 million.
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Bloomberg broke the news in United States on Thursday, May 8, 2025.
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