Video: Pandora Earnings Raise User Slowdown Concern

By | July 25, 2014

Scalper1 News

Pandora Media (P) stock hit a sour note Friday after the Internet radio company last Thursday posted second-quarter earnings and gave an outlook that raised concerns. The No. 1 provider of online radio services reported revenue of $219 million. That’s up 38% from the year-earlier quarter, meeting estimates and maintaining a long string of double-digit growth. Earnings per share minus items of 4 cents beat the consensus estimate by a penny. But Scalper1 News

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