Pandora’s improving financials help it recover from a bad day

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Pandora’s improving financials help it recover from a bad day

 Pandora tumbled almost 9% on the stock market Wednesday. And then it bounced back over 6% after the day ended.
The music streaming business, which has had a terrible past year on the stock market, surprised investors when it revealed a 63% rise in subscription revenue, totaling $97.7 million. Subscribers also jumped 25%, to 5.48 million.
Overall revenue was $395 million, beating Wall… Read More
 Pandora tumbled almost 9% on the stock market Wednesday. And then it bounced back over 6% after the day ended.
The music streaming business, which has had a terrible past year on the stock market, surprised investors when it revealed a 63% rise in subscription revenue, totaling $97.7 million. Subscribers also jumped 25%, to 5.48 million.
Overall revenue was $395 million, beating Wall… Read More

Katie Roofhttps://techcrunch.com/feed/TechCrunchhttps://techcrunch.com/2018/02/21/pandoras-improving-financials-help-it-recover-from-a-bad-day/?ncid=rss

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