More on Pandora: FQ4 guidance is for revenue of $120M-$123M and EPS of -$0.06 to -$0.09, below a...

|About: Pandora Media (P)|By:, SA News Editor

More on Pandora: FQ4 guidance is for revenue of $120M-$123M and EPS of -$0.06 to -$0.09, below a consensus of $130.3M and $0.02. No explanation is given. FQ3 mobile revenue was $73.9M, +25% Q/Q and +112% Y/Y. Active listeners rose by 4.3M Q/Q to 59.2M. Listener hours +67% Y/Y and content costs +75%, exceeding revenue growth of 60%. Mobile 62% of revenue vs. over 3/4 of listening time. P -21.9% AH. CC at 5PM ET (webcast), expect questions about the gap between mobile and PC ad rates to figure prominently. (PR)