Pandora Reports Q3 2016 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Albert Fried & Company Downgrades Pandora (P) to Underweight
October 26, 2016 7:17 AM EDTAlbert Fried & Company downgraded Pandora (NYSE: P) from Overweight to Underweight with a price target of $8 following the release of Q3 results and guidance. Analyst Rich Tullo thinks the company is no longer a target.
Tullo explained, "Given the negative guidance, negative FCF,... More
FBR Capital Downgrades Pandora (P) to Market Perform on Ad Shortfall and Higher Costs
October 26, 2016 6:56 AM EDTFBR Capital downgraded Pandora (NYSE: P) from Outperform to Market Perform with a price target of $12.00 amid the troubling combination of ad slowdown and guidance for higher spending.
Analyst Barton Crockett commented, "Ad growth was the main problem in 3Q16, slowing to 7% on only a 2% rise in RPM, versus 23% and... More
Pandora (P) Misses Q3 EPS by 1c, Q4 Revenue Guidance Falls Short
October 25, 2016 4:03 PM EDTPandora (NYSE: P) reported Q3 EPS of ($0.07), $0.01 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $351.9 million versus the consensus estimate of $366.33 million.
Listener Hours: Total listener hours grew 5% to 5.40 billion for the third quarter of 2016,... More
