Pandora Media's CEO Discusses F2Q13 Results - Earnings Call Transcript

Aug. 29, 2012 7:21 PM ETPandora Media (P)
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Pandora Media, Inc. (NYSE:P) F2Q13 Earnings Call August 29, 2012 5:00 PM ET


Dominic Paschel - VP, Corporate Finance and IR

Joe Kennedy - Chairman & CEO

Steve Cakebread - CFO


Doug Anmuth - JPMorgan

So Young Lee - SunTrust

Jason Maynard - Wells Fargo

Mark Mahaney - Citi

Laura Martin - Needham

Jeff Houston - Barrington Research

Nat Brogadir - Stifel Nicolaus

Michael Graham - Canaccord

James Marsh - Piper Jaffray

Aaron Kessler - Raymond James

Martin Pyykkonen - Wedge Partners

Brandon Ross - BTIG


Welcome to Pandora Media second quarter fiscal 2013 financial results conference call. All lines have been placed on mute. (Operator Instructions) Opening today’s call is Dominic Paschel, Vice President of Pandora Media Inc. Mr. Paschel, you have the line.

Dominic Paschel

Thank you, Sheela. Good afternoon and welcome to Pandora’s second quarter fiscal 2013 financial results call for the quarter ended July 31, 2012. Some of our discussions will contain forward-looking statements which may include projected financial results or operating metrics, business strategies, anticipated future products or services, anticipated market demand or opportunities and other forward-looking topics.

These statements are subject to risk, uncertainty and assumptions. Accordingly, actual results could differ materially. For a discussion of the risks that could cause our results to differ from today’s discussion, please refer to the documents we filed with the Securities and Exchange Commission.

I would also like to remind you that during the course of this conference call, we may discuss non-GAAP measures of our performance. Reconciliations to the most directly comparable GAAP financial measures are provided in the tables in the press release and Form 8-K filed this afternoon with the SEC.

Today’s call is available via webcast and a replay will be available following the conclusion of the call for two

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