Pinterest stock rallies 25% as earnings, outlook top analyst estimates
) delivered a strong performance in the first quarter, surpassing Wall Street expectations with an earnings beat and robust revenue forecast, sending its shares soaring by more than 23%.
Revenue for the quarter was reported at $740 million, topping the consensus estimate of $700.27 million and marking a significant 23% increase, nearly doubling the growth rate from the previous quarter. Pinterest sees second-quarter revenue at between $835 million to $850 million, against analysts' expectations of $826.5 million. This forecast suggests year-over-year revenue growth of 18-20%.
“Q1 was a milestone quarter for Pinterest as we reached new highs: surpassing half a billion monthly active users and reporting 23% revenue growth – our fastest user and revenue growth since 2021,” said Bill Ready, CEO of Pinterest.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
25 Best Movies Of The Past 25 Years (Including 2023)Colin McCormick is a Senior Writer with Screen Rant and has been a proud member of the team since 2019. In addition to his work as Screen Rant, Colin is also a writer of News, Feature and Review pieces at Game Rant. Colin has had a long passion and obsession with movies going back to the first time he saw The Lion King in theaters.
続きを読む »
College basketball rankings: Way-too-early top 25 for the 2024-25 seasonFOX Sports' John Fanta offers up his way-too-early top 25 rankings for the 2024-25 college basketball season, with UConn leading the way.
続きを読む »
2024-25 men's NCAA basketball rankings: Way-Too-Early Top 25The 2024 national champion was just crowned, but we're already looking ahead to the best teams of next season. Let's start with Duke at No. 1.
続きを読む »
Women's NCAA basketball's Way-Too-Early Top 25 for 2024-25The landscape of the sport will look very different next season. But a very familiar team will start at No. 1, while Iowa isn't even ranked.
続きを読む »
Gonzaga men’s basketball 2024-25 roster update: Zags add Ajayi, OrnessThrough one month of rapid-fire player movement across college basketball, the Gonzaga Bulldogs have a strong inkling of who will be on the roster for the 2024-
続きを読む »
25+ D-FW restaurants with Cinco de Mayo specials in 2024Margaritas, queso, nachos and more.
続きを読む »