Pandora Sees Significant Growth in Subscribers and Revenue in Q1

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In its earnings report last week, Pandora (NYSE: P) posted significant gains in subscription revenue and total subscribers, but it wasn’t enough to put Pandora in the black. During the first quarter of 2018, Pandora had total revenue of $319.2 million, a 12 percent increase year-over-year, excluding ANZ and Ticketfly income. Subscription revenue accounted for $104.7 million in total revenue, representing a 63 percent increase year-over-year.

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