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September 18, 2013 10:31 pm GMT
It's been a turbulent few weeks for Pandora, with the company reporting earnings that included a net loss, appointing a new CEO, proposing a follow-on offering of shares to be sold, and today, winning a lawsuit that will ensure that its catalog of music won't contract.All that and the company admitted in the midst of it all that its growth rate will likely slip, which, it dryly noted, "could negatively impact [its] stock price." Pandora, existing somewhere between the music and technology worlds, has long been a company worth watching.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/mZN7kzQGgpQ/
Pandora's Growth Challenges Remain Despite New Leadership, Legal Victories
It's been a turbulent few weeks for Pandora, with the company reporting earnings that included a net loss, appointing a new CEO, proposing a follow-on offering of shares to be sold, and today, winning a lawsuit that will ensure that its catalog of music won't contract.All that and the company admitted in the midst of it all that its growth rate will likely slip, which, it dryly noted, "could negatively impact [its] stock price." Pandora, existing somewhere between the music and technology worlds, has long been a company worth watching.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/mZN7kzQGgpQ/
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