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Pandora Media (P) Is Rising After Q4 Revenues Exceeded Expectations

Pandora Media (P) reported a fourth quarter non-GAAP loss of $0.21 per share after the bell Wednesday, with revenues of $395.3 million. The consensus estimates were for a loss of $0.07 and revenues of $376.43 million. The stock is now up 0.41 on 1.6 million shares.

Pandora Media dropped in early trade Wednesday, but stage a recovery late in the afternoon. Shares finished down by 0.46 at $4.87.

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