Pandora Q4 Revenue up 54% to $125.1 Million
On Thursday, Pandora released its latest quarterly revenue figures. For the fourth quarter of fiscal 2013, total revenue was $125.1 million, a 54 percent year-over-year increase. Advertising revenue was up 51 percent to $109.0 million. Subscription and other revenue was $16.1 million, a 74 percent increase. For the fiscal year 2013, total revenue was $427.1 million, a jump of 56 percent over the same period one year ago. Advertising revenue was $375.2 million, a 56 percent year-over-year increase. And subscription and other revenue was $51.9 million, a 51 percent year-over-year increase.
(3/8/2013 4:07:33 PM) |
where are the soundexchange fees? misleading numbers
(3/8/2013 10:12:17 AM) |
I love Pandora. Face it, the music programming is infinitely better than what most local markets offer. HOWEVER, unless you have unlimited data with your phone package you can't afford to use it in your car. It eats up data like you can't believe. And with most phone service providers going away from unlimited data, Pandroa, has well, a huge problem.
|- Larry Grimes|
(3/8/2013 10:03:11 AM) |
And they suffered a quarterly loss of over $14 million, which was over 50% higher than the same quarter last year. Their growth continues to get bigger each year, but so do their losses.
(3/8/2013 7:51:58 AM) |
What does Bob Struble have to say about this? LOL!
|- Go Pandora!|
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