Pinterest signals strong revenue growth on ad spending rebound - Android

(Reuters) - Pinterest Inc forecast current-quarter revenue above estimates on Tuesday, betting on robust user growth and higher ad spending from businesses looking to cash in on the pandemic-driven online shopping boom. The image-sharing company said it expected revenue to rise 105% in the second quarter, which implies a figure of about $558 million, compared with a Refinitiv IBES estimate of $530 million.