|[October 21, 2013]
Pandora Announces Call to Discuss Previously Disclosed Change in Fiscal Year End
OAKLAND, Calif. --(Business Wire)--
Pandora (News - Alert) (NYSE: P), the leading internet radio service, today announced
that it will hold a conference call to provide context for its
historical calendar year results. The company will transition from a
January 31st based fiscal year-end to a December 31st
based fiscal year-end, effective with the year ended December 31, 2013,
in order to align Pandora's business calendar with the advertising
industry's standard cycle.
The company will report earnings according to the current fiscal 2014
cadence for the fiscal third quarter 2014 ending October 31, 2013,
followed by a two-month stub period for November and December 2013 to
achieve this transition.
The company's Chief Financial Officer, Mr. Mike Herring and Vice
President of Corporate Finance and Investor Relations, Mr. Dominic
Paschel, will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) on
Monday, October 28, 2013, to provide historical financial information to
assist in period-to-period comparisons. No current or future results or
other topics will be discussed.
Pandora's recast calendar year historical financials will be posted
after the market clos on Thursday, October 24, 2013 on its investor
relations website at http://investor.pandora.com.
Live questions will not be taken on the call, however, analysts and
investors are welcome to submit questions in advance until 12:00 PM PT
on Monday, October 28, 2013. Please email questions to firstname.lastname@example.org.
A live audio webcast of the event will be available on the Pandora
Investor Relations website at http://investor.pandora.com.
A live domestic dial-in is available at (877) 355-0067 or (443) 853-1239
internationally. A domestic replay will be available at (855) 859-2056
or (404) 537-3406 internationally, using passcode 90306655, and
available via webcast replay until November 11, 2013.
Pandora (NYSE: P) gives people music and comedy they love anytime,
anywhere, through connected devices. Personalized stations launch
instantly with the input of a single "seed" - a favorite artist, song or
genre. The Music Genome Project®, a deeply detailed
hand-built musical taxonomy, powers the personalization of Pandora® internet
radio by using musicological "DNA" and constant listener feedback to
craft personalized stations from a growing collection of hundreds of
thousands of recordings. Tens of millions of people turn on Pandora
every month to hear music they love. www.pandora.com
[ Back To Technology News's Homepage ]