Pinterest Beats Estimates, Shares Surge 18%

After-hours trading saw Pinterest jump 18% after Q1 earnings beat and raised Q2 revenue guidance to $1.13‑$1.15 bn.
Backblaze rose 22% on revenue of $38.7 m surpassing expectations, while Palantir and Paramount Skydance posted modest gains of 1% and 4.6% respectively.
GeneDx fell 37% after issuing Q2 revenue guidance of $110‑$112 m well below the $130.3 m consensus, dragging down other decliners.
Duolingo dropped 13% on Q2 bookings miss, Fabrinet slipped 10% despite solid results, and ON Semiconductor slipped 4% after a 64% rally.