Scalper1 News
Pandora Media (P) revealed a decline in listener hours in the month of June when it reported second-quarter earnings last Thursday. The Internet radio leader ended June with 76.4 million active listeners, down 1% from May but 7.5% higher year-over-year. Listener hours fell in June to 1.61 billion from 1.73 billion in May. Pandora’s share of the U.S. radio market was 8.9%. After the market close Thursday, Pandora reported second-quarter revenue of Scalper1 News
Scalper1 News