Pandora Q2 Revenue up 55%
CEO Joe Kennedy says, "Our second fiscal quarter was an important inflection point in Pandora's history. Strong momentum in our mobile business, with non-GAAP total mobile revenue growing 92% year-over-year to $116 million, clearly demonstrates the leverage in Pandora's business model. To drive future growth, we are accelerating investment in new technologies, channels and capabilities that maximize the value Pandora delivers." Pandora reported Q2 revenue of $157.4 million, a 55% year-over-year increase. The company also reported that Q3 revenue is expected to be in the range of $174 million to $179 million.