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
Questions for discussion:
- What explains Pandora’s performance?
- Would you consider the firm a good buy at this time?
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