Pandora -10.2% AH; subscription growth slows in Q2

Pandora (NYSE:P) expects Q3 revenue of $235M-$240M and EPS of $0.05-$0.08; the former is above a $234.6M consensus, while the latter is mostly below an $0.08 consensus.

Full-year guidance is for revenue of $895M-$915M and EPS of $0.16-$0.19 vs. a consensus of $900.8M and $0.17.

Ad revenue +39% Y/Y to $177.3M vs. +45% in Q1. Subscription/other revenue +35% to $41.6M, a marked slowdown from Q1's +94%. Did a price hike take a toll?

Q2 results, PR

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Comments (6)
  • AngleSideSide
    , contributor
    Comments (174) | Send Message
    Confirmed again...growth is slowing and they still can't turn a profit. Not good for a stock trading at 150-200x earnings.
    24 Jul 2014, 04:27 PM Reply Like
  • steve chiang
    , contributor
    Comments (18) | Send Message
    yelp probably next to fall
    24 Jul 2014, 04:47 PM Reply Like
  • manicdvln
    , contributor
    Comments (1488) | Send Message
    These guys should trademark the word "Seasonality" and make a killing.


    90% of their call conf was to deflect to that word at EVERY SEASON.
    24 Jul 2014, 06:11 PM Reply Like
  • flux8
    , contributor
    Comments (719) | Send Message
    Analyst opinions as of this month:
    7 Strong Buys, 15 Buys, 6 Holds, 2 Underperforms, and...0 Sells.


    This tells you everything you need to know about how much analyst opinions are worth.
    24 Jul 2014, 07:05 PM Reply Like
  • Mark Krieger
    , contributor
    Comments (6239) | Send Message
    a house of cards? Not yet, but they have to do something very quick to stop the bleeding on their subscription growth levels.


    The company has a hit a major road block and needs to navigate a new route before shareholders lose everything.
    24 Jul 2014, 09:15 PM Reply Like
  • manicdvln
    , contributor
    Comments (1488) | Send Message
    LOL Pandora management don't give a shit about shareholders. You really know when a CEO or a founder truly cares for his company. This turd is completely the opposite.


    Company is on automatic pilot while collecting their paychecks for over 10 years of losses. Current CEO is a POS sleazebag who sold garbage to Microsoft for 6B+ and got fired within a year since they had to a take a huge writedown on acquisition.


    Their "accredited" ass kissing metrics Triton Media is a subsidiary of a hedge fund. Few years ago, credit rating agencies were in collusion with private banks. If thats possible, anything goes.


    This company will disappear within 5 years. Will be forgotten in a year.


    Only reason banks supported this crap is because they were also underwriters of the stock and its secondary offering. They also thought by pumping this garbage, maybe they can push a Spotify ipo and make billions on sell side. Spotify no longer wishes to become public, every big fish competitor bought smaller fish and now they no longer have the growth excuse.


    This is suppose to be RBC ANALysts "best stock of the year"... lol


    This dog is done.


    With 94% of institutions owning this garbage, huge long squeeze coming.


    And with this week crappy earnings, doesn't seem like they can use the ER growth to slap ridiculous multipliers on market anymore.


    Pump is almost over, QE ends next quarter.


    This is now profit taking season and by fall, crash time.
    24 Jul 2014, 09:46 PM Reply Like
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