Pinterest (PINS) shares are jumping 8% in intraday trading Friday, a day after the social media service reported first-quarter revenue and global monthly active user figures that topped estimates.

The company posted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of ♎$0.01 on revenue that increased 17% year-over-year on a constant currency basis to $855.0 million. Analysts polled by Visible Alpha projected a loss of a penny per share on revenue of $846.9 million. Adjusted EPS of $0.23 missed estimat🦂es.

The San Francisco-based firm's monthly active users increased 10% to a record 570 million, beating estimates of 563.4 million.

Q2 Revenue Projection Tops Estimates

Pinterest, which has 澳洲幸运5官方开奖结果体彩网:rolled out 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) tools🔜 for advertisers, said it expects second-quarter revenue between $960 million and $980 million, which would represent 12% to 15% growth. The midpoint of the range exceeded Visible Alpha con🅰sensus of $964.2 million.

"The fundamentals in the business are strong and we're continuing to see healthy growth," Pinterest CEO Bill Ready said. "Our AI advancements are helping users take action and make more intentional shopping decisions."

Pinterest shares entered Friday down 4% year-to-dat🦹e.

UPDATE—May 9, 2025: This article has been updated to include refreshed share prices.