Pandora Reports Q1 In SEC Filing, Revenue and Users Up

Posted May 31, 2011

Pandora has reported their Q1 results in an SEC filing. Pandora has reported an increase in revenues, users, and usage. However their losses are up too. Below are some of the details in an SEC filing for Q1:

– Revenue is up 131% to $51 million from 21.6 million
– Losses are up to $6.8 million, which is up 126% from $3 million
– Registered users are up to 94 million from 53 million
– Active users are up to 34 million from 18 million
– Listener hours are up to 1.6 billion from 0.7 billion