Pandora (P) Tops Q2 EPS by 3c, Sales Beat

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Go back to Pandora (P) Tops Q2 EPS by 3c, Sales Beat

Pandora Reports Q2 2017 Financial Results

July 31, 2017 4:02 PM EDT

Consolidated revenue exceeds guidance; Ad RPM grows 24% Year-Over-Year

Ad RPM grew to $66.15 in Q2 2017 from $53.34 in Q2 2016, growing 24% year-over-year Q2 2017 total consolidated revenue was $376.8 million, growing 10% year-over-year Q2 2017 ad revenue was $278.2 million, growing 5% year-over-year Q2 2017 subscription revenue was $68.9 million, growing 25% year-over-year Q2 2017 local revenue pushed above 30% of total ad revenue for the first time Q2 2017 showed strong engagement, with listeners tuning in an average 26... More