Pinterest Q1 Non-GAAP Earnings, Revenue Rise, Sets Q2 Guidance; Shares Rise

MT Newswires Live05-09

Pinterest (PINS) reported Q1 non-GAAP earnings late Thursday of $0.23 per diluted share, up from $0.17 a year earlier.

Analysts surveyed by FactSet expected $0.26.

Revenue for the quarter ended March 31 was $855 million, up from $740 million a year earlier.

Analysts polled by FactSet expected $846.5 million.

The company set Q2 revenue guidance of $960 million to $980 million. Analysts expect $959.9 million.

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