Pinterest Inc. (PINS) saw its stock surge 12.28% in after-hours trading on Thursday, following the release of its first-quarter earnings report and a robust revenue forecast for the second quarter. The social media platform's performance demonstrates resilience in the face of economic uncertainties affecting the digital advertising landscape.

While Pinterest's Q1 adjusted earnings per share of $0.23 fell short of the $0.26 estimate, the company impressed investors with its revenue growth and user acquisition. Q1 revenue reached $855 million, surpassing analysts' expectations of $846.6 million and marking a 16% year-over-year increase. More importantly, Pinterest's outlook for Q2 revenue of $960 million to $980 million exceeded the consensus estimate of $966.3 million, signaling continued momentum in ad spending on the platform.

The company's user base also showed significant growth, with global monthly active users rising 10% year-over-year to 570 million, beating estimates of 564 million. This growth, particularly among Gen Z users who now comprise over 40% of Pinterest's user base, makes the platform increasingly attractive to advertisers. CEO Bill Ready emphasized the company's resilience, stating, "As the macroeconomic and digital ad landscape evolves, our strategy and consistent execution have made Pinterest more resilient than ever." The positive results and outlook, combined with Pinterest's focus on direct response ads and AI-driven personalized ad campaigns, appear to have boosted investor confidence, driving the substantial after-hours stock price increase.