Tag: Generally accepted accounting principles

Pandora Stock Recovers Friday Morning Despite $343M Loss, Disppointing Forecast, No Listener Growth

UPDATE 2: Pandora stock fell as much as 5% more in after hours trading Thursday, but recovered 4% Friday morning to an 11AM price of $3.11. Yesterday's drop came as. Continue reading

Bruce Houghton on 02/10/2017 in Music Business | Permalink | Comments (0)

Tags: Advanced Micro Devices, Advertising, and amortization, Artificial Intelligence, Bing, Calendar year, Chief financial officer, Cloud computing, depreciation, Earnings before interest, Earnings Per Share (EPS), Extended-hours trading, Fiscal year, Generally accepted accounting principles, Initial public offering, LinkedIn, NASDAQ, Net income, revenue, taxes, Wall Street

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Warner Music Group Reports Strong Quarter

This afternoon Warner Music Group Corp. announced strong second-quarter results for the period ended March 31, 2015.

Bruce Houghton on 05/11/2015 in Major Labels | Permalink | Comments (1)

Tags: Atomic Weapons Establishment, Deezer, Earnings before interest and taxes, Fiscal year, Generally accepted accounting principles, Grooveshark, Hipster PDA, Sony, Streaming media, Warner Music Group

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Pandora Dropped 2.3 Million Listeners In Last 3 Months, Stock Falls As Net Loss Widens

UPDATED: Pandora is heading into a stormy season, with court decisions, rate hearings and Congressional action all just ahead. Today's report to Wall Street, however, did nothing to calm investor. Continue reading

Bruce Houghton on 04/24/2015 in Music Business | Permalink | Comments (2)

Tags: A+E Networks, Adam Cahan, Apple Inc., AT&T, Black hole, Copyright Royalty Board, Cosmic Evolution Survey, Cricket Wireless, Deezer, depreciation and amortization, Earnings before interest, Generally accepted accounting principles, Internet radio, Marissa Mayer, Pandora Radio, Spotify, Streaming media, taxes, The Wall Street Journal, Wall Street, Yahoo!

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Pandora Earnings Disappoint, Stock Plunges, $439M Paid To Rightsholders In 2014

UPDATE: After falling as much as 26%, Pandora stock rose slightly in after hours trading, settling at $14.90, still down almost 20%. Pandora stock fell on news that the music. Continue reading

Bruce Houghton on 02/06/2015 in Music Tech | Permalink | Comments (0)

Tags: Amazon.com, Apple Inc., Broadcast Music, Copyright Royalty Board, Diluted earnings per share, Extended-hours trading, Generally accepted accounting principles, Google, Inc., internet, New York Stock Exchange, Pandora, Pandora Radio, revenue, Wall Street

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