Pandora’s revenues up 20% in Q2

Pandora announced its financial results for the second quarter of the year, having clocked revenues worth $ 644.5 million, reports say. The revenues rose 20 percent on y-o-y basis. The company’s net profit also got a lift of 34.2 percent to stand at $181.9 million, as per reports.

The company has attributed its good performance to the improvement in the many regions it operates, with a healthy momentum observed in Europe, the Middle East and Africa (EMEA) and Asia Pacific, as per reports. The enhanced retail network of the company has also contributed to the good results, as per the company, reports say.