Pandora beats forecasts; outlook sends stock down

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PandoraPandora Media announced calendar Q4 results and year end 2013, recast from prior year reporting. For Q4, GAAP total revenue was $200.4 million, a 52% YOY increase. Non-GAAP total revenue was $200.8 million, a 51% YOY increase, including $0.4 million in revenue relating to “subscription return reserve.”


The subscription return reserve consists of

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Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.