Pandora narrows losses YoY after record revenue in Q3 14

Murray Stassen

Internet radio service Pandora posted a $2 million net loss on revenue of $239.6 million, which was up 40% from the same time last year. A net loss of $4.1 million was psoted for Q3, 2013.

Pandora’s mobile revenue was reported to be $188 million, up 52% while local advertising revenue rose 118% to $41.8 million.

The first nine months of 2014 saw Pandora's revenue increase by 49.2% to $652.8 million.          

Forecasted full-year revenue is ...

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