January 12, 2017 / 10:11 PM / 6 months ago

BRIEF-Pandora expects to exceed Q4 2016 guidance

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Jan 12 (Reuters) - Pandora Media Inc

* Pandora expects to exceed Q4 2016 guidance, citing subscription momentum and RPM growth

* Pandora Media Inc says is also undertaking operational efficiency measures to reduce overall operating costs in 2017

* Pandora Media Inc - expects to exceed previously announced Q4 2016 revenue and adjusted EBITDA guidance ranges given strong advertising performance

* Pandora Media Inc- Plans to reduce its U.S. employee base by approximately 7 percent by end of Q1 2017

* Additionally, co is leveraging its analytics platform and ad insertion logic Source text for Eikon: Further company coverage:

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