Pandora (P) Ratings, PT Affirmed by Cowen Following Q4 Results; New Investments to Crimp EBITDA
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Pandora Reports Q4 and Full Year 2015 Financial Results
February 11, 2016 4:02 PM ESTQ4 2015 total RPMs reached a record $60.75, growing 18% year-over-year; Ad RPMs were up 19% year-over-year to a record $57.20 Full year 2015 total RPMs were $54.65, growing 19% year-over-year on a GAAP basis and 21% year-over-year on a non-GAAP basis; Ad RPMs were up 21% year-over-year to $50.52 Q4 2015 total revenue was $336.2 million, growing 25% year-over-year Full year 2015 total revenue was $1.164 billion, growing 26% year-over-year on a GAAP basis and 28% year-over-year on a non-GAAP basis Q4 2015 advertising revenue was $269.0 million, growing 22% year-over-year Full year 2015 advertising revenue was $933.3 million, growing 27% year-over-year... More
