Pinterest Q1 Global MAUs Increased 12% To 518M
Portfolio Pulse from Benzinga Newsdesk
Pinterest reported a 12% increase in global Monthly Active Users (MAUs) to 518 million for Q1.
April 30, 2024 | 8:07 pm
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POSITIVE IMPACT
Pinterest's Q1 earnings report shows a significant 12% increase in global Monthly Active Users, reaching 518 million.
The increase in MAUs is a positive indicator of Pinterest's growing user base and engagement, which is likely to attract more advertisers, potentially increasing ad revenue and positively impacting stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100