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Pinterest's Revenue Soars as Pandemic Boosts Engagement

Pinterest Inc. posted strong revenue and user growth in the third quarter, as the social-media company saw significantly greater pandemic-fueled engagement than it did in the spring and said it benefited from an advertiser boycott at Facebook Inc.
The image-sharing company that makes money exclusively through advertising sales said revenue rose 58% from a year earlier to $443 million, compared with 4% growth in the second quarter. Analysts surveyed by FactSet expected sales of $383 million.
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