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# Pandora Losses Widen, But Stock Surges As Listeners Rise To 52 Million
- URL: https://www.hypebot.com/pandora-losses-widen-but-stock-surges-as-listeners-jump-to-50-million/
- Published: 2012-05-23T17:57:59.000Z
- Updated: 2012-05-23T17:57:59.000Z
- Description: (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. Continue reading [https://www.hypebot.com/hypebot/2012/05/pandora-losses-widen-but-stock-surges-as-listeners-jump-to-50-millio
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 10:49

[![image from www.google.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e20168ebbbb9d4970c-150wi "image from www.google.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e20168ebbbb9d4970c-popup?ref=hypebot.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](http://online.wsj.com/article/SB10001424052702304840904577422651474862764.html?ref=hypebot.com).