Pandora’s Q2 2013: $101.3M In Revenue, 54.9M Active Users, And A Net Loss Of $5.4M

Internet music service Pandora just announced its financial results for the second quarter of its fiscal 2013. The company posted total revenue of $101.3 million, which was up 51 percent year-over-year. Yet, Pandora still reported a net loss per share of $0.03. As always, the most important expense for Pandora is content acquisition — in other words, music royalties. Non-GAAP earnings per share were breakeven excluding approximately $6 million in stock-based compensation.

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