Bead company Pandora now says it will post higher revenue
growth than it originally anticipated in 2011.
Pandora expects that its revenue in 2011 will jump at least
30 percent from the year before, up from the previously announced 25 percent. It also
expects a minimum 40 percent EBITDA margin.
A statement notes that revenue for the first quarter of 2011
grew by 40 percent, with an EBITDA margin over 40 percent, a performance it
describes as “strong.”
The company’s full financial report will be released May 19.
It went public last September.
Don’t miss a story! Subscribe to JCK’s e-newsletter here.Follow JCK on Instagram: @jckmagazine
Follow JCK on Twitter: @jckmagazine
Follow JCK on Facebook: @jckmagazine