Pinterest shares soared on optimism around its advertising business after it reported 1Q24 EPS and revenue above street estimates. Pinterest's reported YoY increases in ad impressions, global revenue and USCAN revenue in 1Q24 all moved directionally in line with Sensor Tower's ad/sessions for the Pinterest mobile app. ST mobile app MAUs for Pinterest also increased in line with the company's reported MAUs on a YoY basis in 1Q24.