Posted by & filed under Financial analysis, Growth & Valuation, Personal Finance.

Description: Pandora Media Inc., the world’s largest online radio service, said fourth-quarter results exceeded its forecast, due to strong advertising sales and listeners adopting a new paid offering. The company also said it’s eliminating jobs to boost efficiency.

Source: Bloomberg.com

Date: Jan 12, 2017

Link: https://www.bloomberg.com/news/articles/2017-01-12/pandora-says-fourth-quarter-topped-estimates-plans-job-cuts

Questions for discussion:

  • What explains Pandora’s performance?
  • Would you consider the firm a good buy at this time?

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