|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||4.86 - 5.47|
|52 Week Range||4.09 - 13.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 7, 2018 - Feb 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.88|
The music streaming service provider’s stronger point during its fourth quarter was its subscription revenue, which surged 63% year-over-year, bringing the 2017 total to $97.7 million. The metric is essential in measuring whether or not a music streaming service is growing. The figure was well below analysts’ consensus estimate as Wall Street was calling for a loss of no more than 7 cents per share for the period, according to data compiled by Thomson Reuters.
Pandora Media Inc reported fourth-quarter revenue on Wednesday that topped Wall Street estimates as the internet radio company added more subscribers to its platform. Pandora said total subscription revenue jumped 63.2 percent to $97.7 million, beating the average analyst estimate of $94.1 million. A late entrant to the on-demand music service business, Pandora's strong subscriber growth comes after Chief Executive Officer Roger Lynch, who replaced co-founder Tim Westergren last year, launched such a service, Pandora Premium, to lure more users.
Some glimpses of progress in its quarterly earnings report sent Pandora Media Inc. shares soaring 10.5% in after-hours trading Wednesday, exceeding heavy losses from the regular session.
On a per-share basis, the Oakland, California-based company said it had a loss of 21 cents. The results missed Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment ...
Stocks careened into the red on Wednesday after the release of surprisingly hawkish Federal Reserve meeting minutes. If he doesn’t, the losses will deepen as interest rates quicken their rise and bond prices quicken their declines.
Pandora Media Inc. rose in extended trading after the online music service posted sales and adjusted earnings that exceeded Wall Street estimates.
Shares of Pandora Media Inc. gained 8.6% in after-hours trading Wednesday after the company reported better-than-expected results for its fourth quarter. Pandora reported a net loss of $44.7 million, compared ...
Pandora Media Inc reported a smaller quarterly loss on Wednesday as the Internet radio company added more subscribers to its platform and benefited from gains due to changes in the U.S. tax law. Net loss ...
Streaming music pioneer Pandora Media (P) this afternoon reported Q4 revenue and profit that easily topped analysts’ expectations, sending its shares surging by 9%. Revenue in the three months ended in ...
NEW YORK, NY / ACCESSWIRE / February 21, 2018 / Pandora Media, Inc. (NYSE: P ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 21, 2018 at 5:00 PM Eastern Time. ...
Pandora is due to report fourth-quarter earnings on Feb. 21. Analysts predict that revenue declined relative to a year earlier.
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Tetraphase Pharmaceuticals Inc (NASDAQ: TTPH ) stock ...
Pandora Media shares struck the right note with investors on Wednesday after the largest digital radio service posted upbeat quarterly revenues, narrowed its loss and reported a sharp jump in subscription ...
NEW YORK, Feb. 20, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of WESCO ...
Pandora , the largest music streaming service in the U.S., announced today that it has built a premium marketplace that will allow advertisers to purchase its audio inventory programmatically across mobile and desktop.