Pandora Q4 Falls Short With $268M In Revenue

Pandora’s earnings report for the fourth quarter of 2014 disappointed investors, with revenue of $268 million and basic earnings per share or $0.19 (that’s non-GAAP).

That means the company met analyst expectations in terms of earnings, but fell short of the predicted revenue of $276.5 million.

The company said it saw 5.2 billion total listener hours, up 15 percent from the same period in 2013. There were 81.5 million active listeners, up 7 percent.

As of 4:16pm Eastern time, Pandora’s stock is down nearly 20 percent in after-hours trading.

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