Pinterest surges 17% after earnings beat as company posts strong guidance

Pinterest reported first-quarter earnings on Monday that beat on the top and bottom lines. Shares soared 17% after the report. Sales in Pinterest’s first quarter rose 18% year-over-year while the company posted a net loss of $73.59 million, a loss of 12 cents per share. A year ago, the social media company posted net income of $8.92 million, or 1 cent per share. Pinterest said second-quarter revenue should come in the range of $1.13 billion to $1.15 billion, which is higher than the $1.11 billion that Wall Street was projecting. https://www.cnbc.com/2026/05/04/pinterest-pins-q1-earnings-report-2026.html