Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Pandora stock plunges more than 20% on revenue miss

JILLIAN D'ONFROFeb 6, 2015, 02:45 IST

Michael Seto/Business InsiderPandora CEO Brian McAndrews

Pandora just announced its Q4 earnings and the stock is down more than 23% after-hours on revenues that missed Wall Street estimates.

The company reported Q4 revenue of $268 million - lower than the company's expectations of $273 to $278 million. Analysts were expecting about $276 million.

EPS was $0.19, which was in-line with expectations.

Complimentary Tech Event

Transform talent with learning that works

Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

People listened to 20.03 billion hours of music on Pandora in 2014, which is up 20% from the year before. There were 81.5 million total active listeners, which is up 7% year-over-year.