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Pandora Media Inc Issues Q4 2013 Guidance Below Analysts' Estimates; Lowers FY 2013 Guidance


Tuesday, 4 Dec 2012 04:03pm EST 

Pandora Media Inc announced that for the fourth quarter of 2013, it expects revenue to be in the range of $120 million to $123 million and Non-GAAP loss per share to be between ($0.06) and ($0.09). For fiscal 2013, it expects revenue to be in the range of $422 million to $425 million and Non-GAAP loss per share to be between ($0.09) and ($0.12). According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $130 million and EPS of $0.01 for the fourth quarter of 2013; revenues of $429 million and EPS of $(0.06) for fiscal 2013.