When Was The Last Time You Fell In Love With Pandora?

Pandora Q3 2014 earnings analysis

Well, this is the question every investor must ask before investing in Pandora (NYSE: P). Remember the days when you could enjoy unlimited music on Pandora? The biggest online radio service provider had recently imposed a 40-hour monthly cap on mobile users. After reaching the cap, listeners need to pay $1 to continue listening. This strategy might help Pandora to convert some of the loyal listeners to paying customers.
The company had seen a few of its loyal customers exit with a 5.1% decline in billion hours of songs listened. Although the recent cap could result in a softer second quarter with some decline in advertising revenues, it is yet to be seen if this decline would be compensated by a higher subscription base. Pandora has been posting excellent top line growth over the past many quarters in line with analysts’ expectation, this coupled with company’s intention of posting a positive bottom line seems encouraging. Pandora is set to announce its results today after-market hours. We will update you on the market reaction and our analysis post the results announcement.

To see Pandora’s latest stock price movement, click here (NASDAQ: P)

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Disclaimer: We do not hold any stake in the aforesaid stocks. For detailed disclaimer, please click here.

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Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice. Buying and selling of securities carries the risk of monetary losses. Readers/Viewers are advised to carry out their own due diligence and consult their investment advisors before making any investment decisions. Neither Amigobulls, nor the author have any business relationship with any of the companies covered in this post.

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