Pandora's net loss for the second quarter, 3.18 million dollars, revenue exceeding expectations
Source: Internet
Author: User
KeywordsSecond quarter net loss revenue Pandora
Sina Science and technology news Beijing time August 26 morning, the United States streaming media music service provider Pandora today released the second quarter of fiscal year 2012 earnings. The report showed that Pandora's second-quarter adjusted earnings and revenues exceeded Wall Street analysts ' expectations, mainly due to strong advertising sales growth. By this, Pandora's share price rose nearly 4%. In the quarter ended July 31, Pandora's net loss was $3.18 million trillion, with a loss of $0.04 per share, less than a year earlier. In the second quarter of the 2011 fiscal year, Pandora lost $389,000 in net loss of $0.04 per share. After adjusting for equity incentive spending, Pandora's earnings per share in the second quarter were 2 cents, more than analysts had previously expected. Analysts on average expect Pandora to lose 3 cents per share in the second quarter, according to a Thomson Reuters poll. Pandora's second-quarter revenue was $67 million, up 117% from a year earlier, exceeding analysts ' expectations. Analysts on average expect Pandora's second-quarter revenue to be $61.1 million trillion, according to a Thomson Reuters survey. Pandora's ad revenue for the second quarter was 58.3 million dollars, up 118% from a year earlier. Pandora's second-quarter subscription and other revenues were $8.7 million, up 112% from a year earlier. Pandora expects a fiscal 2012 revenue of $270 million to $275 million trillion, up from 96% to 100% in the previous fiscal year, above the analyst's average of 259.95 million dollars, with revenues of 69.5 million to 72.5 million in the third quarter, and 84% to 92% from the same period last year. On that day, Pandora's shares rose 0.40 U.S. dollars in regular trading on the New York Stock Exchange, at $12.47, or 3.31%. In subsequent trading, Pandora's share price rose 0.48 dollars to $12.95, or 3.85%. In the past 52 weeks, Pandora's highest price was 26.00 U.S. dollars, the lowest price is 11.00 U.S. dollars. (Tangfeng)
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