Pinterest reported 18% higher Q1 sales to $1.01 billion, driven by a 3.12% stock rise and double-digit revenue growth. The company’s share count surged as earnings missed earlier-year profit.

Earnings revealed a $73.6 million loss (12 cents/share) vs. $8.9 million profit (1 cent/share) a year prior, signaling struggles despite sales gains. Revenue growth is key as Pinterest competes with TikTok and Instagram Reels.

Investors are watching as Pinterest posted stronger-than-expected Q2 guidance. The stock’s 3.12% surge reflects investor optimism, though the loss remains a concern for long-term profitability.