Pandora earnings: audience growth, revenue shortfall, and the “year of conviction”
In its quarterly conference call, Pandora revealed earnings for Q4 2014, and full-year 2014. audience growth was sharply up, due in part to holiday listening. The company fell short of its Q4 guidance, disappointing investors, who sent the stock shivering downward in a double-digit percentage slide. CEO Brian McAndrews expressed long-term confidence and declaimed 2015 “the year of conviction.” Continue Reading