Pandora's number of active users declined by 2% in the second quarter, but the group of people using the streaming music service on a voice activated device, like Amazon's Echo, grew by a whopping 282% year-over-year, the company said on Monday.
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Voice activated speakers, like Amazon Echo and Google Home, are pumping new life into Pandora's business (P)
Pandora's active users were down 2%, but users engaging on a voice activated device were up 282% from last year
That's 1.6 million listeners on voice activated devices, out of the
Despite a tumultuous morning, in which the company announced the end of its services in Australia and New Zealand, it was successful quarter for the music streaming service. Pandora beat Wall Street targets in both revenues and earnings per share in Q2.
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