Pandora (P) Listener Hours Up 22%, Active Listeners Up 33% in May

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Pandora (P) Listener Hours, Active Listeners Improve in May; Market Share Keeps Sliding

June 7, 2013 9:17 AM EDT

Pandora Media (NYSE: P) shares are ticking higher early following an update on May operating metrics.

For the month of May 2013, Pandora said listener hours improved 22 percent to 1.35 billion, active listeners rose 33 percent to 70.8 million, and share of U.S. radio listening improved... More