Pandora losses widen despite active user growth
Pandora suffered from a net loss of $48.3 million in the first quarter of 2015.
That's a diluted loss of 23¢ per share, and a 66.5% increase on the company's loss of $29m in the same three-month period last year.
In Q1 15, the streaming service's total revenue was $230m, a 19% YoY increase on a GAAP basis and a 28% increase on a non-GAAP basis. Advertising revenue was $178.7m, a 27% year-on-year increase. Subscription and other revenue was $52m, a 32% year-over-year ...
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