Pandora (NYSE:P) announced on Tuesday it’s earnings for the fourth quarter of 2012 and it’s fiscal report for the full year of 2012. The results, announced after the close of market, revealed revenue of $81.3million, for the quarter. the company had provided a guide of $80-$84 million for revenue in the fourth quarter and a guide of $273-$277 million for the financial year. Results from the third quarter showed revenue of $75 million, which exceeded analysts expectations at that time. That number was up $8 million from the second quarter. The company’s shares closed at $14.29 on Tuesday showing the level…
Pandora Radio Loses 3 Cents in Q4 Disappointing Analysts
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.