Pinterest Saw Huge Q3 Gains as Ad Spend Shifted From Facebook

The platform saw a 58% increase in year-over-year revenue

During Pinterest’s third quarter earnings call today, the platform revealed a 58% jump in year-over-year revenue, following just 4% revenue growth in Q3. The platform touted its commitment to brand safety and pointed to recent investments in automation, international expansion and shopping as the drivers of its the impressive earnings.