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Pandora Names New Slew Of Executives
Monday, March 28, 2016 - 10:40am | 189Shares of Pandora Media Inc (NYSE: P) plunged more than 9 percent Monday after the company announced a new lineup of senior executives. Pandora Media's Board of Directors appointed Tim Westergren as its new Chief Executive Officer. Westergren is the founder of Pandora and credited with...
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Pandora Inks Licensing Agreements With ASCAP And BMI, Withdraws Prior Appeal
Tuesday, December 22, 2015 - 10:26am | 226Shares of Pandora Media Inc (NYSE: P) were trading higher by 1.76 percent at $14.47 Tuesday morning after the company announced it signed a licensing agreement with ASCAP and BMI. Pandora agreed to two separate multi-year licensing agreements with ASCAP and BMI for their combined music...
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'Serial' Podcast And Ticketfly News Gives Pandora Stock A Lift, But Is The Move Justified?
Monday, November 2, 2015 - 12:37pm | 576Shares of Pandora Media Inc (NYSE: P) were higher by more than 4 percent Monday morning. Pandora said on Monday it will be the exclusive streaming partner for "Serial," the quickest podcast to reach five million downloads and streams in Apple Inc. (NASDAQ: AAPL) iTunes'...
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Pandora Analyst Asks: What's Different Now?
Monday, March 9, 2015 - 10:35am | 275In a report published Monday, Needham analyst Laura Martin commented on Pandora Media Inc.'s (NYSE: P) Analyst Day that detailed three new strategies that could result in upside valuation if they are well executed. Martin noted that the strategies focus on international expansion, closer...
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Pandora Soars 18% Amid News Of CEO Buying Shares Ahead Of CRB Discussion
Friday, November 14, 2014 - 4:49pm | 208Stifel commented on news that Pandora Media Inc (NYSE: P) CEO Brian McAndrews personally bought 25,000 shares of the company’s stock on the open market for approximately $465,000. The purchase was seen as a “vote of confidence” by analyst Scott Devitt ahead of a discussion on...
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Pandora Conference Call Highlights; Eyes User Metrics
Friday, April 25, 2014 - 4:49pm | 1345Pandora Media (NYSE: P) reported its first quarter earnings on April 24, 2014. Shares of the company are down 16.63 percent or $4.69 per share to $23.51. Below are some key takeaways from its conference call:Brian McAndrews, Pandora's Chairman, CEO and President: • McAndrews: Additionally, we...
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Pandora Shares Down After Reporting Q1 Earnings, Advertising Revenue Up 45% YoY
Thursday, April 24, 2014 - 5:06pm | 195Shares of Pandora (NYSE: P) are getting hammered, down six percent to $26.48 after reporting first quarter earnings. The company reported earnings per share of $(0.13) versus the estimated loss of $0.14. GAAP total revenue was $193.4. Non-GAAP revenue came in at $180.1 million versus the analyst...
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5 People Who Made Money Off Of The GrubHub IPO
Friday, April 4, 2014 - 3:23pm | 315Shares of Grubhub (NYSE: GRUB), an online food ordering company, jumped 43 percent on its first day of trading. So, who's making money off of it? The majority of the outstanding stock is held by investment firms, including Goldman Sachs (NYSE: GS), Warburg Pincus and Spectrum Equity Investors....
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Pandora Earnings: What the Analysts are Saying
Thursday, February 6, 2014 - 5:10pm | 865Pandora Media (NYSE: P) reported its fourth quarter results. The company announced an EPS of $0.11, beating the consensus estimate $0.08. Revenue of $200.8 million was in-line with the consensus estimate. Pandora issued first quarter guidance and sees its revenue to be $170 million to $176...
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Pandora Falls - Again! - After Beating Q4 Estimates
Wednesday, February 5, 2014 - 6:10pm | 318Can Pandora (NYSE: P) do anything right? The online music service reported a Q4 EPS of $0.11 versus the Street estimate of $0.08. Earnings per share were up 375 percent from the year-ago period. "Pandora continued growing revenue over 50% year-over-year," Brian McAndrews, CEO, President &...
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Pandora Falls After In-Line Q3 Results
Thursday, November 21, 2013 - 5:21pm | 292Pandora (NYSE: P) is down more than four percent after the company reported its third quarter results. The company's Q3 EPS came in at $0.06 -- in-line with Wall Street's estimate. Earnings per share were up 20 percent from the year-ago period. Revenue arrived at $180.4 million versus the...
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Pandora Answers Apple's iTunes Radio With New Apps And New Tag Line
Friday, September 20, 2013 - 10:46am | 651So what if Apple (NASDAQ: AAPL) just released iTunes Radio? Pandora (NYSE: P) doesn’t care. Pandora just released new iOS apps, including a new iPad app and an upgraded iPhone app. According to Mashable, the company also has a spiffy new logo and tag line, “let there be music” with a slick video...
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Can a New CEO Save The New York Times?
Monday, June 25, 2012 - 1:48pm | 368The New York Times (NYSE: NYT) is reportedly searching for a "tech-savvy" chief executive to steer the company toward profitability. According to Bloomberg, three prominent names were discussed as possible hires. They include Mark Thompson, the director-general of the BBC; Paul Sagan, the CEO of...