LOGO
LOGO

After The Bell

Pandora Media Inc. (P) Is Rising After Guidance Increase

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Pandora Media Inc. (P) reported a first quarter adjusted loss of $0.10 per share after the bell Thursday, compared to the loss of $0.08 per share last year. The consensus estimate was for a loss of $0.10. Second quarter adjusted EPS is expected to be between a loss of $0.02 and a profit of $0.01. The consensus estimate is for EPS of $0.01. The company also increased its full year 2014 adjusted EPS forecast to between a loss of $0.02 and a profit of $0.08. The consensus estimate is for EPS of $0.01. The stock is now up 1.49 on 1.4 million shares.

Pandora Media climbed during the first 45 minutes of trade Thursday, before settling into a range. Shares finished with a gain of 0.68 at $17.16 and set a new high for the year.

For comments and feedback contact: editorial@rttnews.com

Business News

Invest in the Best Pharma Stocks by Subscribing to RTT Biotech Investor.
Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19