Pandora revenues up 6% in Q1, subscriptions grow 20% YoY

Tuesday 9 May 2017 | 10:46 CET | News
Pandora reported first-quarter revenues up 6 percent year-on-year to USD 316.0 million, compared to annual increases of 17 percent and 13 percent in the two previous quarters. The digital music service also posted its fifth straight net loss – USD 132.3 million compared to a net loss of USD 115.1 million in the year-earlier quarter – with EBITDA coming in at a negative USD 71.3 million compared to a net loss of USD 57.4 million a year earlier. Although total subscribers increased to 4.71 million in the first three months, up 20 percent from 3.93 million a year earlier, active monthly

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Categories: Mobile & Wireless
Companies: Pandora
Countries: World
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