Why Pandora Media, Inc. Stock Popped 37.1% in August [The Motley Fool]
PANDORA MEDIA (P)
Last pandora media earnings: 7/31 04:01 pm
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Source: The Motley Fool
The music-streaming specialist jumped last month after a strong quarterly report and a vote of confidence from Wall Street. Steve Symington ( TMFSymington ) Sep 3, 2018 at 8:54PM What happened Pandora Media inc. ( NYSE:P ) stock climbed 37.1% in August, according to data from S&P Global Market Intelligence , driven by the streaming music leader's better-than-expected second-quarter 2018 results and subsequent encouraging analyst commentary. Shares surged almost 15% on Aug. 1, 2018, alone -- all but recouping a nearly 15% drop in late July -- after Pandora announced its quarterly revenue had climbed a modest 2.1% year over year to $384.8 million, translating to an adjusted net loss of $38.9 million, or $0.15 per share. By comparison, Pandora's guidance called for revenue in the range of $360 million to $375 million, and consensus estimates o
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