Pandora (P) PT Raised to $8 at MKM Partners
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Pandora Reports Q2 2018 Financial Results
July 31, 2018 4:01 PM EDTStronger Year-On-Year Trends in Advertising and Subscription Businesses Drove Double Digit Revenue Growth
Total Q2 Revenue was $384.8 million, growing 12% year-over-year excluding Australia, New Zealand & Ticketfly, exceeding top-end of guidance Q2 Subscription revenue was $113.7 million, growing 67% year-over-year excluding Australia, New Zealand & Ticketfly Ad hour trends improved for the third straight quarter Ad RPM hit an all-time Q2 high of $68.75, growing 4% year-over-year Added 351 thousand to approximately 6 million subscribers; which grew 23% year-over-year Announced... More