
Pinterest Inc (NYSE:PINS) shares are trading higher Thursday after the company reported better-than-expected top-line results.
Pinterest said first-quarter revenue increased 18% year-over-year to $574.88 million, which beat the $572.79 million estimate. The company reported a quarterly earnings loss of 1 cent per share, which was down from earnings of 11 cents per share in the first quarter of 2021.