Pandora revenues up 56% YoY in 2013 but losses widen
Pandora saw a 56% rise in revenues in 2013 compared to the previous year, but losses widened over the 12 months.
The internet radio platform saw total revenue go from just over $410 million across the 2012 calendar year to just under $638 million in 2013.
The company reported a net loss, however, of $40.7m for the year, compared to $35.6m in 2012.
In Q4 of 2013 net income stood at just under $9 million – a significant jump from ...
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