Pandora Mixed Before Earnings Mid-Way Through Tuesday

Pandora Media

will release its fiscal year 2013 third-quarter earnings on December 4, 2012 after the close of the market. They will host a conference call at 2:00 PM (PT) / 5:00 PM (ET) to discuss these results with investors. During regular trading the stock has risen between one and six percent higher. A live audiocast of the event will be available on the Pandora Investor Relations

. Prior year's third quarter revenue was $75 million, with revenues in successive periods rising 8%, remaining flat, then rising a further 25% in 2nd quarter fiscal year 2013 to a value of $101.27 million. This big jump in revenue brings Pandora one important step closer to positive net income, a sore spot for investors. Pandora has been mired in an inability to generate positive profit amid fears of new competition from industry giants like Apple

and Microsoft

. Microsoft now has its Xbox Music Pass, which has been impressive out of the gate and is available on both Windows 8 and RT. Pandora's selection has lagged behind other services like Spotify and Last.fm both in terms of streaming quality and music selection, but they are still considered to be the leader in this area of service. Shares of Pandora traded down 0.13% midway through the day on Tuesday.