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Pandora Reports Record Revenue & Listener Growth
Date: Friday, August 26, 2011 @ 17:45:45 UTC

In its first report to investors since becoming a publicly traded company, Pandora reported record quarterly revenue of $67 million growing 117% year over year. Pandora also had record growth in total listener hours and the accompanying increase in royalty costs. Listener hours reached 1.8 billion, up 125% year over year, resulting in a record share of total U.S. radio listening of 3.6%. Complete Article







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