Pandora reported its latest quarterly financial results last night, hailing 55% year-on-year growth in its revenues to $125.5m. Listener hours were up 35% to 4.18bn, and active users were up 35% too to 70.1m. Pandora says it had a 7.33% share of total US radio listening in April. Its losses increased from $20.1m in Pandora’s fiscal Q1 last year to $28.4m this time round. Pandora did manage to add 700k Pandora One (paying) subscribers in the quarter, taking it to 2.5m in total.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…