Internet radio company Pandora Media late Thursday met Q3 earnings estimates but gave a weak outlook. Meanwhile, key rival Spotify raised $250 million in a new funding round. Pandora (P) earned 6 cents a share in Q3, excluding various items, up 20% vs. a year earlier. Revenue grew 50% to $180.4 million, topping consensus views of $174.8 million. It expects EPS of 2-4 cents in the November-January period. Wall Street had modeled 4
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Pandora Dials Back EPS Outlook As PC User Rate Drops