Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $17.99 USD
Change Today -0.14 / -0.77%
Volume 2.9M
P On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

pandora media inc (P) Key Developments

Pandora Media, Inc. Presents at Oppenheimer 18th Annual Technology, Internet & Communications Conference 2015, Aug-11-2015 11:05 AM

Pandora Media, Inc. Presents at Oppenheimer 18th Annual Technology, Internet & Communications Conference 2015, Aug-11-2015 11:05 AM. Venue: Four Seasons Hotel, 200 Boylston Street, Boston, MA 02116, United States. Speakers: Lars Murray, Senior Vice President Music Industry Group.

Pandora Media, Inc. Presents at 17th Annual Pacific Crest Global Technology Leadership Forum 2015, Aug-10-2015 11:30 AM

Pandora Media, Inc. Presents at 17th Annual Pacific Crest Global Technology Leadership Forum 2015, Aug-10-2015 11:30 AM. Venue: The Sebastian, 16 Vail Road, Vail, CO 81657, United States. Speakers: Dominic Paschel, Vice President of Corporate Finance and Investor Relations.

Pandora Listeners Receive More Uninterrupted Hours with Full Roll-Out of Sponsored Listening

Pandora announced that its latest engagement-based advertising product, Sponsored Listening, is now available to all advertisers. The product gives Pandora users an hour of uninterrupted listening following their engagement with a brand’s video or rich media unit at the beginning of their session. This launch follows a beta period initiated in September 2014 during which Sponsored Listening received positive feedback from Pandora’s listeners and produced a measurable return on investment for advertisers. During the beta testing period for the product, Sponsored Listening resulted in a 12% lift in brand awareness and a 30% lift in purchase intent for advertisers. Consumers also praised the product via Twitter and Facebook, stating that they loved the experience. In addition to being available for all Pandora advertisers, Sponsored Listening now also offers advertisers more creative opportunity. In the beta phase, video ad units or swipe-able slideshows initiated the hour of uninterrupted listening. Now, with general availability, a brand can also introduce additional rich media units, such as interactive 360-degree product views, in advance of the sponsored hour. In addition to advertisers like Land Rover North America that have extended from the beta phase to general availability, new brands leveraging Pandora’s Sponsored Listening solution post-beta include: Corona Extra, Gatorade, truTV and Yuengling.

Pandora Media, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter and Full Year of 2015

Pandora Media, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of USD 285.560 million compared to USD 218.894 million a year ago. Loss from operations was USD 16.206 million compared to USD 11.729 million a year ago. Loss before provision for income taxes was USD 15.950 million compared to USD 11.629 million a year ago. Net loss was USD 16.065 million compared to USD 11.728 million a year ago. Basic and diluted net loss per share was USD 0.08 compared to USD 0.06 a year ago. Net cash used in operating activities was USD 9.923 million compared to USD 7.130 million a year ago. Purchase of property and equipment was USD 12.016 million compared to USD 4.537 million a year ago. Purchase of investments was USD 54.751 million compared to USD 78.533 million a year ago. Non-GAAP net income was USD 11.602 million compared to USD 9.067 million a year ago. Basic and diluted non GAAP EPS was USD 0.05 compared to USD 0.04 a year ago. Adjusted EBITDA was USD 16.303 million compared to USD 12.647 million a year ago. For the six months, the company reported total revenues of USD 516.324 million compared to USD 413.209 million a year ago. Loss from operations was USD 64.601 million compared to USD 40.724 million a year ago. Loss before provision for income taxes was USD 64.148 million compared to USD 40.532 million a year ago. Net loss was USD 64.322 million compared to USD 40.659 million a year ago. Basic and diluted net loss per share was USD 0.31 compared to USD 0.20 a year ago. Net cash provided by operating activities was USD 17.059 million compared to net cash used in operating activities of USD 9.252 million a year ago. Purchase of property and equipment was USD 17.947 million compared to USD 16.424 million a year ago. Purchase of investments was USD 111.541 million compared to USD 194.122 million a year ago. Non-GAAP net loss was USD 13.277 million compared to USD 16.476 million a year ago. Basic and diluted non GAAP LPS was USD 0.06 compared to USD 0.08 a year ago. Adjusted LBITDA was USD 4.557 million compared to USD 9.796 million a year ago. For the third quarter 2015 revenue is expected to be in the range of USD 310 million to USD 315 million. Adjusted EBITDA is expected to be in the range of USD 25 million to USD 30 million. Adjusted EBITDA excludes forecasted stock-based compensation expense of approximately USD 30 million and forecasted depreciation and amortization expense of approximately USD 6 million and assumes minimal provision for income taxes given to the company’s net loss position. The Company is currently forecasting a non-GAAP effective tax rate of approximately 1% to 7% for the third quarter 2015. For the full year revenue is expected to be in the range of USD 1.175 billion to USD 1.185 billion. Adjusted EBITDA is expected to be in the range of USD 75 million to USD 85 million. Adjusted EBITDA excludes forecasted stock-based compensation expense of approximately USD 112 million and forecasted depreciation and amortization expense of approximately USD 22 million and assumes minimal provision for income taxes given to the company’s net loss position. The Company is currently forecasting a non-GAAP effective tax rate of approximately 30% to 35% for the full year 2015.

Pandora Media, Inc. Presents at Annual Needham Interconnect Conference, Aug-04-2015 09:20 AM

Pandora Media, Inc. Presents at Annual Needham Interconnect Conference, Aug-04-2015 09:20 AM. Venue: The Westin Grand Central Hotel, 212 E. 42nd Street, New York, New York, United States. Speakers: Michael S. Herring, Chief Financial Officer and Executive Vice President.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
P:US $17.99 USD -0.14

P Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cumulus Media Inc $1.29 USD -0.03
Entercom Communications Corp $10.09 USD +0.17
SFX Entertainment Inc $0.46 USD -0.0398
New York Times Co/The $11.89 USD -0.09
Townsquare Media Inc $10.95 USD -0.22
View Industry Companies
 

Industry Analysis

P

Industry Average

Valuation P Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.7x
Price/Book 6.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 3.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PANDORA MEDIA INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.