BUZZ-Pinterest soars after projecting Q1 revenue above estimates

Reuters

2025/02/07

** Shares of image-sharing platform Pinterest PINS.N jump 15% to $38.67 in extended trading

** PINS forecasts Q1 revenue between $837 mln and $852 mln, above analysts' estimate of $832.8 mln, according to data compiled by LSEG

** Global monthly active users are at an all-time high of 553 mln, exceeding estimates of 545.8 mln

** Posts Q4 revenue of $1.15 bln, up 18%, vs estimates of $1.14 bln

** PINS fell ~22% in 2024

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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