Pinterest reported better-than-expected first quarter results, with adjusted earnings per share of 43 cents versus 36 cents expected and revenue of $1.18 billion above estimates. However, the company posted a net loss of $47 million and its shares fell 7% after hours as second quarter sales guidance disappointed investors. The Q2 outlook, ranging from $1.19 billion to $1.21 billion, came in line with analyst expectations. Monthly active users jumped 11% year-over-year to 640 million, beating estimates of 635 million.
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