Pandora's Stock Fades After Turning In Decent Results

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Photo: AP Images

Pandora just announced its third quarter earnings.At a quick glance it looks good, but the stock is fading in after-hours trading, falling 3.4%.

Details:

  • Non-GAAP EPS: $0.02 versus an expected loss of $0.01.
  • Revenue: $75M vs. analyst estimates of $71.6M.
  • Net income: $638,000 compared to $1.1 million during the same quarter last year.
  • Q4 EPS Guidance: Pandora said it expects to lose $0.02-$0.04 per share in the fourth quarter.
  • Q4 revenue guidance: $80-$84 million.

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