Pinterest exceeds revenue and user growth expectations, boosting stock by over 20%.

Pinterest reported strong fourth-quarter results, exceeding revenue and user growth expectations. Despite earnings per share slightly missing forecasts, the company's AI-powered advertising tools and rising user engagement, particularly among Gen Z, have boosted its outlook. Pinterest forecasted first-quarter revenue between $837 million and $852 million, above analyst expectations, signaling improved business prospects. Shares surged over 20% on the news.

2 months ago
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