Pandora Media (NYSE:P) announced earnings that beat expectations, and also raised guidance for the full year. Sales increased by 51% to $101.3 million, while analysts expected sales of $100.9 million. The quarter was break even, versus a 2 cent profit in the same period last year, but better than the three cent per share loss expected by analysts. For the full year, the company expects sales of $425 million to $432 million.
Shares are higher in early trading.
Tivo (NASDAQ:TIVO) announced that revenue in its most recent quarter increased by 7 percent ot $65.3 million, while net loss widened to $27.7 million, or 23 cents per share, versus $19.6 million, or 17 cents per share in the same period last year. Analysts had expected a loss of 24 cents per share and revenue of $54.3 million.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
The collective wisdom of the membership
Launch related slideshow:
GDX, QINC: Big ETF Inflows
Tuesday 9/27 Insider Buying Report: MYOS
Monday 9/26 Insider Buying Report: ENPH
Nasdaq 100 Movers: GILD, NCLH
S&P 500 Movers: CHK, LUV
Dow Movers: UNH, IBM
Dow Analyst Moves: UTX
Dow Analyst Moves: BA
S&P 500 Analyst Moves: AMG
Tuesday Sector Laggards: Oil & Gas Exploration & Production, Precious Metals
Tuesday Sector Leaders: Airlines, Medical Instruments & Supplies
Monday Sector Laggards: Textiles, Education & Training Services
Tuesday's ETF with Unusual Volume: IWY
Tuesday's ETF Movers: ECON, XOP
HEFA, SPXE: Big ETF Outflows
Daily Dividend Report: AXP, SNX, CLC, MA, HRL
Daily Dividend Report: TTEC, MTN, NRZ, SM
Daily Dividend Report: MAS, WPC, RTN, CAG, UDR
Fed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 14, 2015
Weekly Market Wrap: August 7, 2015
Weekly Market Wrap: July 31, 2015
Week Ahead Market Report: June 8, 2015
Week Ahead Market Report: May 18, 2015
Week Ahead Market Report: May 4, 2015