(Reuters) - Pinterest forecast first-quarter revenue below Wall Street estimates on Thursday, a sign that it is facing tough competition from larger social media players even as the digital advertising market stabilizes
The image-sharing platform expects revenue for the quarter ending in March between $690 million to $705 million, the mid point of which is below analysts' average estimate of $702.6 million, according to LSEG data.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Tasim Zahid)