4.50 -0.02 (-0.44%)
After hours: 4:37PM EST
|Bid||4.50 x 700|
|Ask||4.52 x 8900|
|Day's Range||4.32 - 5.00|
|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|
Barclays, Roku, Pandora and Ford are the companies to watch.
Disappointing near-term guidance eclipsed a strong fourth quarter from the music-streaming leader. Here's what investors need to know.
Shares of internet radio and music streaming company Pandora Inc. soared more than 10% in after-hours trading on Wednesday following a fourth-quarter earnings report in which the company said revenue grew ...
Here are some things going on today in your world of tech: Zebra surges Shares of object tracking technology maker Zebra (ZBRA) — they produce the technology behind a lot of bar codes that are put on inventory, packages, and even hospital patients — are surging after the company this morning reported Q4 revenue that topped analysts’ expectations, with $1.03 billion versus $980 million expected, and beat by a wide margin with its earnings per share of $2.33, versus $2.12 expected. Roku crashes to earth Shares of Roku (ROKU), the streaming video pioneer that went public in September, continue to plunge following a disappointing Q1 revenue forecast last night.
It posted a better-than-expected increase of 63 percent in subscription revenue Wednesday afternoon, boosting its share 11 percent in after-hours trading. Pandora had around 1,000 employees in the East Bay as of January 2017, according to Business Times research, so a 5 percent cut in the workforce could result in at least 50 fewer jobs.
Pandora Media's (P) fourth-quarter results benefit from growth in subscription revenues. However, declining ad revenues remain a concern.
Among the companies with shares expected to trade actively in Thursday's session are Ford, Roku, Goldman Sachs, Newell Brands and Chesapeake Energy.
U.S. stock index futures were higher on Thursday as bond yields eased off four-year highs, with traders taking stock of the Federal Reserve's views on inflation. Bullard told CNBC on Thursday that central bankers need to be careful not to increase interest rates too quickly this year because that could slow the economy too much.
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 ! HP Inc (NYSE: HPQ ) stock was trading nearly flat ...
NEW YORK, NY / ACCESSWIRE / February 22, 2018 / Pandora shares were lifted off the launch pad in after-hours trading on Wednesday after the company reported its fourth quarter earnings. Shares of Sirius ...
Pandora Media Inc (NYSE: P ) reported its fourth quarter results , which emphasized the bullish case for owning the stock, according to William Blair. The Analyst William Blair's Ralph Schackart maintains ...
US stock futures were little changed on Thursday, as the prospects of further interest rate increases this year kept investors on the edge. Minutes of the January meeting showed the U.S. central bank's ...
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.
Stocks careened into the red on Wednesday after the release of surprisingly hawkish Federal Reserve meeting minutes. It was a dramatic turnabout, as stocks initially moved higher following the release of the minutes, as investors (and algorithmic trading systems) focused on the few hints of dovishness sprinkled in the document.
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.
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 ...
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 ...