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193 days

Pinterest shares rocket 20% on strong revenue and user growth

1. Pinterest shares surged 19% after Q4 sales exceeded estimates. 2. Revenue reached $1.15 billion, 18% growth year-over-year. 3. User growth surpassed estimates, with 553 million active users. 4. Pinterest forecasts Q1 revenues between $837M and $852M, above estimates. 5. CEO emphasized increased user engagement and actionable platform strategies.

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FAQ

Why Very Bullish?

The strong earnings beat and positive outlook significantly boost investor confidence.

How important is it?

The article highlights significant revenue growth driving Pinterest's market performance.

Why Short Term?

Immediate market reactions to earnings reports typically reflect short-term movements.

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