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Pinterest shares surge as much as 20% after company beats on fourth quarter revenue, shows strong user growth

  • Pinterest's stock rose 18% after reporting fourth-quarter earnings of $1.15 billion, exceeding analyst expectations of $1.14 billion. This marks Pinterest's first-ever billion-dollar quarter.
  • Advertisement impressions on Pinterest increased by 43% in the last quarter, according to Chief Financial Officer Julia Brau Donnelly.
  • Pinterest expects first-quarter sales for 2025 to be between $837 million and $852 million, surpassing earlier estimates of $833 million, as stated by the company.
  • Analysts at Bernstein upgraded Pinterest's stock price target to $47, highlighting the company's strong execution and growth potential in advertising.
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  • 45% of the sources lean Left
46% Left
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