Pinterest Soars 20% As Strong Q4 Results Beat Expectations

by THEFUTURE.TEAM

February 7, 2025

Pinterest shares surged up to 20% after the company delivered stronger-than-expected fourth-quarter earnings, showcasing impressive revenue growth and a surge in user engagement.

Beating Wall Street’s Expectations

The social media platform reported Q4 revenue of $1.15 billion, edging past analysts’ forecasts of $1.14 billion. Adjusted EBITDA came in at $470.9 million, surpassing the $444.8 million expected. Meanwhile, Pinterest recorded a $1.6 billion deferred tax benefit, bringing net income for the quarter to $1.85 billion.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

The company’s adjusted EBITDA margin hit 41%, exceeding Wall Street’s 39% projection, reflecting improved profitability. Looking ahead, Pinterest forecasts Q1 revenue between $837 million and $852 million, with the midpoint above analysts’ expectations of $833 million.

User Growth And Engagement On The Rise

Pinterest’s global monthly active users (MAUs) grew 11% year over year to 553 million, exceeding Wall Street’s estimate of 547.4 million. That represents a nearly 3% increase from the previous quarter’s 537 million. The platform’s global average revenue per user (ARPU) reached $2.12, slightly ahead of projections at $2.09.

CEO Bill Ready attributed the strong performance to the company’s evolving strategy. “People are coming to Pinterest more often, the platform has never been more actionable, and our lower funnel focus is driving results for users and advertisers,” he said.

Social Media Stocks On The Rise

Pinterest’s rally follows a broader trend in the social media sector. Snap shares jumped earlier this week after posting strong Q4 earnings, while Meta also beat expectations on both revenue and profit. Meanwhile, Reddit is set to report its earnings next Wednesday, adding to the sector’s earnings momentum.

With its robust growth in both revenue and user engagement, Pinterest is proving its ability to drive meaningful results—both for its users and its investors.

The Future Forbes Realty Global Properties

Only 1% Of Cyprus Farms Use Precision Farming Technologies

by THEFUTURE.TEAM

July 24, 2026

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

Breaking news