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Pinterest Stock Is Rising Wednesday: What's Happening?

Pinterest Inc (NYSE:PINS) shares are trading higher Wednesday after the company reported strong first-quarter earnings results and issued upbeat guidance. Here’s what you need to know. Q1 Revenue: $740 million, beat estimates of $699.872 million Q1 EPS: Loss of 4 cents, beat estimates for a loss of 9 cents Total revenues increased nearly 23% on a year-over-year basis. Pinterest's global monthly active users increased 12% year-over-year to an all-time high of 518 million. Average revenue per user ...