Pinterest, Inc. (NYSE:PINS) shares are trading higher after the company raised first-quarter 2026 sales guidance following the completion of the previously announced acquisition of tvScientific, Inc.
In December 2025, Pinterest agreed to buy tvScientific, expanding its AI-powered performance ad offerings to connected TV. The company plans to integrate tvScientific’s outcome-based CTV platform into its performance ads suite.
Outlook Raised
The company increased its first-quarter outlook to reflect a partial-quarter contribution from the acquisition.
The company increased the sales guidance from $951 million-$971 million to $958 million-$978 million (vs. the outlook of $980.12 million).
Also, the company now sees adjusted EBITDA of $163 million-$183 million vs. $166 million-$186 million earlier.
Recent Earnings Release
This month, the idea discovery platform company delivered fourth-quarter revenue of $1.32 billion, missing analyst estimates of $1.33 billion, and adjusted earnings of 67 cents per share for the quarter, missing analyst estimates of 69 cents per share.
Total revenue was up 14% on a year-over-year basis as Pinterest’s global monthly active users increased 12% year-over-year to 619 million. Average revenue per user in the third quarter was $2.16 globally and $9.41 in the U.S. and Canada.
PINS Price Action: Pinterest shares were up 5.71% at $16.39 at the time of publication on Wednesday, according to Benzinga Pro data.
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