Pandora Losses Widen, But Stock Surges As Listeners Rise To 52 Million

image from www.google.com(UPDATED) Despite a spike in revenue, higher costs drove much wider losses as Pandora reported to it's Q1 2013 to Wall Street.  The company reported a loss of $20.2 million on revenue of $80 million,  compared with $6.8 million for the same quarter last year.  But the loss was smaller than analysts had expected and Pandora stock jumped 16% after adding about 3.5% in the regular session.

This quarter Pandora averaged 50 million active users a month who generated more than 3.09 billion listening hours across. Pandora now captures a record share of 5.95% of total U.S. radio listening.

Pandora projected a per-share adjusted loss of 3 cents to 5 cents on revenue of $99 million to $101 million. Analysts polled by Thomson Reuters recently expected a loss of 3 cents and revenue of $100 million, according to the Wall Street Journal.


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  1. Last study I saw mentioned 250 million U.S. households have computers.
    So 20% of the U.S. population uses Pandora every month?

  2. Even if they are exaggerating the number of people, they won’t exaggerate the listener hours – that’s how their payments are computed, isn’t it?

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