Pinterest Inc. (NYSE:PINS) saw its share prices rise by 5.96% on Friday to $17.77 apiece, rebounding from a six-year low earlier in the week. The company’s net income dropped by 78% to $416.8 million in 2024, even as revenues increased by 17% to $4.2 billion. CEO Bill Ready remains focused on execution and sales transformation. For the first quarter, Pinterest targets revenue growth of 11-14% to $951 million to $971 million, with adjusted EBITDA expected between $166 million and $186 million.

Read more at Yahoo Finance: Pinterest (PINS) Surges 5.96% on Bargain-Hunting as Firm Falls to Record Low