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Thursday, November 2, 2017

=Pandora Media (P) reported earnings on Thur 2 Nov 2017 (a/h)



Pandora Media beats by $0.02, reports revs in-line 
  • Reports Q3 (Sep) adj. loss of $0.06 per share, $0.02 better than the Capital IQ Consensus of ($0.08); revenues rose 7.6% year/year to $378.6 mln vs the $380.54 mln Capital IQ Consensus. 
  • Pandora Premium paid subscribers cross the 1 million milestone in October 2017
  • Total subscribers were 5.19 million, growing 29% year-over-year Revenue excluding ticketing was $360.2 million, growing 9% year-over-year
  • Subscription revenue was $84.4 million, growing 50% year-over-year
  • Daily active users on Consumer Electronic (CE) and Automotive Platforms were up 36% year-over-year 

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