Pinterest’s stock is soaring, as platform gets more users and hits its first $1 billion sales quarter - MarketWatch
1. Pinterest's Q4 sales reached $1.15 billion, exceeding $1 billion for the first time. 2. Global monthly active users rose 11% YoY to 553 million, outpacing estimates. 3. Average revenue per user increased by 6%, with 12% growth in the U.S. and Canada. 4. The company projects Q1 revenue between $837 million and $852 million, implying strong growth. 5. Despite an earnings miss, investors reacted positively to user and revenue growth.