Pinterest (NASDAQ:PINS) boosted its first-quarter revenue forecast to reflect early contributions from its newly acquired connected-TV advertising platform tvScientific, lifting shares more than 3% in early trading as investors welcomed signs of diversification amid a challenging digital advertising environment.
The social media company now expects current-quarter revenue of $958 million to $978 million, up from its prior range of $951 million to $971 million issued less than a week earlier.
The new midpoint of $968 million exceeds the $964.9 million average analyst estimate compiled by LSEG.
Pinterest attributed the upward revision to initial revenue from tvScientific, whose outcome-based CTV buying platform was integrated following the deal's closure in early 2026.
The company simultaneously trimmed its adjusted EBITDA guidance for the quarter to $163 million to $183 million from $166 million to $186 million, citing integration-related expenses and upfront investment tied to the tvScientific acquisition.
The revised range still centers near consensus expectations.