Pinterest Prospers From AI Boosting Shop-Ability and Relevance
Pinterest(PINS) MarketBeat·2024-05-08 00:07
Key PointsPinterest grew its monthly active users by 12% to 518,000 in Q1 2024.Pinterest drove its platform's highest user and revenue growth since Q1 2021.Adjusted EPS more than doubled in Q1 2024, and adjusted EBITDA margin rose 1,100 bps to 15%.5 stocks we like better than PinterestSocial commerce platform Pinterest Inc. NYSE: PINS shares are climbing towards 52-week highs on the heels of a spectacular Q1 2024 earnings report. The rebound in the advertising market, coupled with its artificial intelligenc ...