Forbes -
21 Oct 2015 21:58
The strong rise in net sales is likely to be countered by rapidly increasing sales and marketing expenses, and high content acquisition costs. The company?s net loss had increased 37% in Q2 2015, following a sizable 70% decline in the first quarter. Pandora has been investing heavily in its sales team to improve the direct sell-through of its mobile ad inventory, as well as make inroads into the local advertising market. Although this has helped the company improve its mobile monetization substa...
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