- Revenue of over $3.7 billion,
- Adjusted EBITDA of over $1.1 billion,
- Free cash flow approaching $900 million,
- Self-pay net subscriber additions of approximately 1.6 million, and
- Total net subscriber additions of approximately 1.4 million.
Pandora lifted its outlook for the 2016 fourth quarter, but is also reducing its headcount by 7%, which left Wall Street divided between the bulls and the bears.
Sometimes the biggest gains come from the lowest-priced stocks.