Pandora Media Shares Slide on Lower Guidance - News Summed Up

Pandora Media Shares Slide on Lower Guidance


The company said it now expects annual revenue between $1.39 billion and $1.41 billion down from a range of $1.41... Web-radio service Pandora Media Inc. on Thursday lowered its annual guidance as its quarterly loss widened amid lackluster subscription growth, a 30% rise in operating expenses and the loss of more than a million active listeners. Shares of the company, down 13% over the past year, sank 6.3% after hours, to $11.24.


Source: Wall Street Journal July 21, 2016 21:56 UTC



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