Pinterest Posts Strong Q1 Revenue, Particularly Outside the US

Pinterest reported revenue of $485 million in the first quarter of 2021, up 78% compared with the period a year ago, topping FactSet’s consensus projection of $470 million for the three months. U.S. revenue of $390 million was up 65% year-over-year, driven by growth in average revenue per user, while international revenue soared 170% versus…
Pinterest reported revenue of $485 million in the first quarter of 2021, up 78% compared with the period a year ago, topping FactSet’s consensus projection of $470 million for the three months. U.S. revenue of $390 million was up 65% year-over-year, driven by growth in average revenue per user, while international revenue soared 170% versus…