PANDORA STOCK PRICEY AS STREAMING RADIO COMPETITION HEATS UP $P $AAPL $GOOG $MSFT
Pandora, the popular Web radio service, reported impressive earnings after the close Thursday, recording second quarter EPS of $0.04 vs. consensus forecast for $0.02. Revenues of $157.4 million topped analysts’ consensus expectation for $156.24 million. For the third quarter, Pandora projects Q3 EPS of $0.03 to $0.06 vs. $0.08 previously