Pandora Media (P 10.60 -1.25) reported third quarter earnings of $0.02 per share, $0.03 better than the Capital IQ Consensus Estimate of ($0.01).
Revenues rose 98.9% year/year to $75 million versus the $71.55 million consensus.
Total listener hours were approximately 2.1 billion for the third quarter of fiscal 2012, an increase of 104% compared to approximately 1.0 billion for the third quarter of fiscal 2011.
The company issued in-line guidance for the fourth quarter with EPS of ($0.04)-($0.02) versus the ($0.02) consensus with revenues of $80-$84 million versus the $82.59 million consensus.






