Pinterest shares surge after company beats on fourth quarter revenue, shows strong user growth

1. Pinterest reported Q4 revenue of $1.15 billion, surpassing expectations. 2. Adjusted EBITDA was $470.9 million, better than the anticipated $444.8 million. 3. User growth reached 11% year-over-year, totaling 553 million monthly active users. 4. First-quarter sales are expected between $837 million and $852 million, exceeding forecasts. 5. CEO Bill Ready states strategy is effective, enhancing user engagement and actionable content.