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February 22, 2018 07:58 am GMT
Pandora tumbled almost 9% on the stock market Wednesday. And then it bounced back over 6% after the day ended.The music streaming business, which has had a terrible past year on the stock market,surprised investors when it revealed a 63% rise in subscription revenue, totaling $97.7 million. Subscribers also jumped 25%, to 5.48 million.Overall revenue was $395 million, beating Wall… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/D5rrSLamKMk/
Pandoras improving financials help it recover from a bad day
Pandora tumbled almost 9% on the stock market Wednesday. And then it bounced back over 6% after the day ended.The music streaming business, which has had a terrible past year on the stock market,surprised investors when it revealed a 63% rise in subscription revenue, totaling $97.7 million. Subscribers also jumped 25%, to 5.48 million.Overall revenue was $395 million, beating Wall… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/D5rrSLamKMk/
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