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Pinterest Inc (NYSE:PINS) reported financial results for the first quarter after the market close on Monday. Here’s a look at the key metrics from the quarter.
- Pinterest stock is trending today. Why are PINS shares in the spotlight?
Key Details From Q1
Pinterest posted first-quarter revenue of $1.01 billion, beating analyst estimates of $966.25 million, according to Benzinga Pro. The idea discovery platform company reported adjusted earnings of 27 cents per share, beating analyst estimates of 23 cents per share.
Total revenue was up 18% on a year-over-year basis as Pinterest’s global monthly active users increased 11% year-over-year to 631 million. Average revenue per user in the quarter was $1.61 globally …
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