(Reuters) - Online music streaming company Pandora Media Inc (N:P) reported a 30.5 percent rise in quarterly revenue as it signed up more subscribers and advertising revenue increased.
The company's net loss widened to $16.1 million, or 8 cents per share, in the second quarter ended June 30, from $11.7 million, or 6 cents per share, a year earlier.
Revenue rose to $285.6 million from $218.9 million.