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Pinterest Q1 Non-GAAP Earnings, Revenue Rise; Shares Gain After Hours

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Pinterest (PINS) reported Q1 non-GAAP earnings late Monday of $0.27 per diluted share, up from $0.23 a year earlier.

Analysts polled by FactSet expected $0.23.

Revenue in the three months ended March 31 rose to $1.01 billion from $855 million a year earlier.

Analysts surveyed by FactSet expected $965.8 million.

The company expects Q2 revenue of $1.13 billion to $1.15 billion. Analysts polled by FactSet expect $1.12 billion.

Pinterest shares jumped 16% in after-hours trading.

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