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April 28, 2016 08:13 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/cRbCIP-DZwc/
Pandora up 6% on strong earnings but Rdio and Ticketfly buys dont pay much yet
Pandora continues to flail as Internet radio becomes just a feature baked into competitors like Spotify and Apple Music, but at least it had strong Q1 2016 earnings today. Pandora pulled in $297.3 millionrevenue and had $-0.20 Non-GAAP EPS, compared to estimates of $-0.32 Non-GAAP EPS. [Correction: $-0.51 EPS is GAAP, meaning results were a beat, not mixed.]That revenue came from ads… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/cRbCIP-DZwc/
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