Pandora’s 2014 Outlook Carries Sour Note To Investors

By | February 5, 2014

Scalper1 News

Internet radio leader Pandora Media lost its rhythm with a Q4 report that included a full-year outlook well below Wall Street estimates. Pandora (P) is the leading provider of Internet radio, with about 70% of the U.S. market. Q4 revenue rose 51% vs. a year earlier to $200.8 million, but that just missed the consensus estimate of $201.1 million as polled by Thomson Reuters. Earnings per share, minus items, of 11 cents beat Scalper1 News

Scalper1 News