Pandora (P) Tops Q3 EPS by 2c

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Pandora Reports Q3 2017 Financial Results

November 2, 2017 4:01 PM EDT

Ad RPM Grows to All-Time High; Premium Paid Subscribers Surpass 1 Million in October 2017

Ad RPM hits an all-time high of $70.27 in Q3 2017 from $58.10 in Q3 2016, growing 21% year-over-year Pandora Premium paid subscribers cross the 1 million milestone in October 2017 Total subscribers were 5.19 million, growing 29% year-over-year Revenue excluding ticketing was $360.2 million, growing 9% year-over-year Subscription revenue was $84.4 million, growing 50% year-over-year Daily active users on Consumer Electronic (CE) and Automotive Platforms were up 36% year-over-year... More