Pandora beats in Q3 with $417.6M in revenue, fast-growing subscription business

Streaming music service Pandora released its third quarter earnings today - the first since the news of its impending acquisition by SiriusXM, announced in September. The company reported a quickly growing subscription business for its paid products, Pandora Plus and Pandora Premium, which brought in $125.8 million in Q3 - a figure that's up 49 percent year-over-year. For the quarter, Pandora reported $417.6 million in total revenue for the quarter, a 16 percent year-over-year increase (excluding Australia, New Zealand and Ticketfly, and including AdsWizz).