Pandora posted a profit in the third quarter of the year!

Pandora Media surprised market analysts by posting a modest profit in the third quarter of the year.

The company made $638,000 on $75 million in revenue.

Pandora posted a profit in the third quarter of the year!

Majority of the revenues for the company comes from advertising on their mobile apps. Rest of it comes through subscription model.

The company however warned investors that they are unlikely to repeat this performance in the last quarter of the year.

Pandora said: “We have a tremendous opportunity to expand our share, and we’re continuing to invest in efforts to grow further.”

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