UPDATE: Canaccord Genuity Upgrades Pandora (P) to Buy; Strong Results Should Be Sustainable
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Pandora (P) Breaks Even In Q2, Issues Rosier Outlook
August 29, 2012 4:29 PM EDTShares of online radio service Pandora (NYSE: P) are ramping after-hours Wednesday after reporting break-even results for the second quarter, versus an expected loss. The company also sees a better financial outlook.
Second quarter revenues rose 51 percent to $101.3 million, and beat the Wall Street consensus of $100.94 million.... More
Pandora Media (P) Tops Q2 EPS by 3c; Guides Up
August 29, 2012 4:04 PM EDTPandora Media (NYSE: P) reported Q2 EPS of $0.00, $0.03 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $101.3 million versus the consensus estimate of $100.94 million.
The Estimize consensus was $-0.04 and $100.45 million, respectively.
Pandora Media sees Q3 2012 EPS... More
