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March 7, 2012 02:18 am GMT
Internet radio giant Pandora Media just reported fourth quarter results. The company posted revenue of $81.3 million, which was up 71 percent year-over-year. Non-GAAP net loss per share was $0.03. Analysts expected a loss of $0.02 a share, with revenue coming in at $83 million.Advertising revenue was $72.1 million, a 74 percent year-over-year increase. Subscription and other revenue was $9.2 million, a 51 percent year-over-year increase. For the fiscal year 2012, total revenue was $274.3 million, a 99 percent year-over-year increase. Total advertising revenue was $240 million, a 101 percent year-over-year increase. Total subscription and other revenue was $34.3 million, an 87 percent year-over-year increase.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Q5lKWxr1pZ0/
Pandora Misses; Revenue Up 71 Percent To $81.3M But Swings To A Loss
Internet radio giant Pandora Media just reported fourth quarter results. The company posted revenue of $81.3 million, which was up 71 percent year-over-year. Non-GAAP net loss per share was $0.03. Analysts expected a loss of $0.02 a share, with revenue coming in at $83 million.Advertising revenue was $72.1 million, a 74 percent year-over-year increase. Subscription and other revenue was $9.2 million, a 51 percent year-over-year increase. For the fiscal year 2012, total revenue was $274.3 million, a 99 percent year-over-year increase. Total advertising revenue was $240 million, a 101 percent year-over-year increase. Total subscription and other revenue was $34.3 million, an 87 percent year-over-year increase.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Q5lKWxr1pZ0/
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