On a GAAP basis, the company reported a quarterly diluted EPS loss of $0.16. Adjusted earnings excluded $7.4 million in stock-based compensation expense.

For the second quarter, Pandora is guiding revenue non-GAAP revenue at $155 to $160 million and adjusted EPS in a range from a loss of $0.02 and a profit of $0.01. For the full 2014 fiscal year, Pandora expects revenues of $615 to $635 million and adjusted EPS in a range from a loss of $0.02 to a profit of $0.08.

The company’s CEO said:

Pandora continues to expand its mobile leadership. Mobile listening hours and mobile ad revenue reached record highs, with growth in mobile ad revenue exceeding growth in mobile listening hours.

Listener hours totaled 4.18 billion in the quarter up from 3.09 billion in the same period a year ago.

Sequentially, quarterly ad revenues fell, from $109 million in the fourth quarter to $105 million. Subscription revenue rose, from$16.1 million to $20.36 million sequentially as well. Listener hours were only up modestly quarter-over-quarter, from 4.05 billion in the fourth quarter to 4.18 billion.

When viewed sequentially, Pandora’s revenue per thousand hours has fallen from $31.25 to $30.74. Mobile revenue has, indeed, grown, but by less than $1 per thousand hours. Traditional computer revenue fell by nearly $5 per thousand hours.

Pandora managed to clear a pretty low bar. At the end of last quarter the company guided first quarter revenue and earnings well below the existing consensus estimate. Analysts lowered their estimates and, bingo, inline earnings and a beat on revenues. Pandora managed expectations very well going into the fourth quarter as well, and shares jumped more than 20%. Let’s see if it works again.

Shares are trading up more than 8% in the after-hours market at $18.56, which would set a new 52-week high. The current range is $7.08 to $17.65. The consensus target price for the shares was around $15.40 before today’s report. Since coming public nearly 2 years ago, Pandora’s all-time high share price is just over $20.

The deal is really nothing particularly unusual — an Internet video streaming service adding old shows to its lineup. Netflix Inc. (NASDAQ: NFLX), Hulu and many other streaming services do this all the time. About a month ago Amazon said it would let viewers help it choose the first of its original productions to add to the Prime service.

That was mildly interesting, but just a page from Netflix’s book. Somehow or other, the video streaming companies are going to have to shake loose new programming from the established media firms like Walt Disney Co. (NYSE: DIS), CBS Corp. (NYSE: CBS) and others. Original programming like Netflix’s “House of Cards” proved to be a huge success, according to the company, and that is what drove Amazon to jump into the fray.

Of course all of these have to compete with Google Inc.’s (NASDAQ: GOOG) YouTube, which is far and away the leading provider of video content. That is because most of YouTube’s videos are made by amateurs and the videos are free. If — and it is a big “if” — YouTube can get viewers to pay for the various channels it has begun to offer, Google could end up putting a huge dent in revenues and profits at Netflix, Amazon Prime and others.

The Google Play Music combines some of the features of Internet radio offered Pandora Media Inc. (NYSE: P), although Pandora is advertising supported, and Spotify, a subscription service that claims more than 6 million subscribers. Google allows subscribers to upload 20,000 songs at no charge, whether purchased from Apple Inc.’s (NASDAQ: AAPL) or another source, and to play them back on a PC, tablet, or smartphone.

The odd thing about Google’s streaming music plan is that it really doesn’t make a compelling case for why to subscribe. About the only advantage it might offer to get users to switch from Spotify is that it’s seach function is very likely to be better. Whether its radio feature is superior to Pandora’s remains to be seen, but that’s hardly worth $7.99 or $9.99 a month.

Apple’s iTunes store and Amazon.com Inc.’s (NASDAQ: AMZN) MP3 store, of course, follow a pay-per-download model and the only question is when both of these giants decide to jump into the streaming music subscription business. Apple has made some noises about doing this, but no official acknowledgement so far. Apple, Amazon, and Google all offer cloud-based storage for a subscriber’s personal collection.

Far more interesting than this me-too music program would be some integration of YouTube, the single most dominant music streaming program in the world, with Google’s Android ecosystem. Such an integrated system could blow all Google’s competition out of the water. Today’s effort has got to be just a placeholder for something much different and much better.

Note to Google: The name Google Play Music All Access should be the first thing to get the heave-ho.

The device is Nvidia’s first entry into the video game console market, and is priced at $349. That is roughly in the same ballpark as Nintendo’s Wii U console, the PlayStation 4 from Sony Corp. (NYSE: SNE) due out later this year, and the Xbox 360 from Microsoft Corp. (NASDAQ: MSFT).

Nvidia’s SHIELD also allows users to watch streaming videos, access streaming music and use other Android apps just like an Android phone or tablet. If SHIELD has an advantage going into the market, this is it. The universe of Android apps now totals about 700,000.

The SHIELD sports a 5-inch flip-up multitouch display, which is no bigger than the largest mobile smartphone screens. The appeal of the device to gamers is the hand-held console, replete with familiar buttons, which offer more control over the gaming experience than what is available on a smartphone. The device can also be connected to a PC that uses Nvidia’s GeForce GTX graphics cards.

Whether Nvidia’s device will appeal to hard-core gamers is the big question. Shares of Nvidia are up about 1.7% this morning, at $14.48 in a 52-week range of $11.15 to $15.22.

For the full year, Take-Two reported revenues of $1.22 billion and EPS of $0.36, compared with 2012 revenues of $825.8 million and an EPS loss of $0.71.

On a GAAP basis, the company reported quarterly adjusted EPS of $0.23, compared with an EPS loss of $0.78 in the year-ago quarter.

Revenue from digitally delivered content grew 148% year-over-year and 192% in the quarter when compared with the fourth quarter of 2012.

The company’s CEO said:

Take-Two delivered strong revenue growth and solid non-GAAP earnings for fiscal year 2013, driven by robust demand for our groundbreaking new releases, iconic catalog titles and expanding portfolio of digitally delivered offerings. … Looking ahead, we have an extensive pipeline of next-generation and emerging platform titles in development, including both new intellectual property and releases from our proven franchises. As a result, our current outlook is to be profitable on a non-GAAP basis in fiscal 2015 and for the foreseeable future.

For the first quarter of fiscal year 2014, the company guided revenue to a range of $100 to $125 million and expects an adjusted EPS loss in the range of $0.55 to $0.70. For the full year, the company expects revenues of $1.75 to $1.85 billion. Full-year EPS is expected to fall into the range of $2.05 to $2.30.

Shares are trading up 4% at $17.03 in after-hours trading today, in a 52-week range of $7.37 to $16.68. Thomson Reuters had a consensus analyst price target of around $16.65 before today’s report.

While financial terms were not disclosed, EA is going to develop and publish new Star Wars titles on all interactive platforms and the most popular game genres. Disney will retain certain rights to develop new titles within the mobile, social, tablet and online game categories.

Disney has gone out of its way to indicate that there will be many more Star Wars efforts launched other than just Episodes 7,8, and 9. We called this a multi-generational win for Disney and the EA deal only goes to show that Disney is not lightening up on its efforts here.

EA even shows that DICE and Visceral will produce new games, while BioWare continues to develop for the Star Wars franchise. As a reminder, it was only about 14 months ago that EA showed that more than 2 million of the Star Wars: The Old Republic MMORPG sales had been seen.

This may just be a continued expansion of the past to some, but this and a new wave of consoles coming to market in time for Christmas should offer some added support for what is currently a turnaround situation for EA.

USA Today reports on the “Iron Man 3″ opening weekend:

“The terrible run of 2013 releases ended” this weekend, says David Mumpower of Boxofficeprophets.com. “Iron Man 3 behaved like a box-office black hole, mercilessly devouring the other films.”

Critics and fans wolfed down the superhero story. About 78% of critics recommended the movie, while 83% of moviegoers liked it, according to pollsters RottenTomatoes.com.

Internationally, the film has been a hit for weeks, and IM3′s worldwide haul rose to $680.1 million. IMAX reported a record haul as well, collecting $16.5 million domestically and $13 million internationally.

Disney shares are up fractionally in premarket trading to $65.05, a new 52-week high if it holds. The 52-week range is $42.84 to $64.85.

She has the help and she has her health. If she makes it to 100, Stewart will never outlive the permanent place she has earned in the “Shareholder Hall of Shame” due to the endless disappointment that her company has been to its stockholders.

Stewart is a master of misdirection. She assumes that if she spends enough time in the public eye with her own image as the model for entertaining, home decorating and gardening, then no one will notice that the company she founded to house her media properties has fallen into terrible disrepair. Aside from her new book, most recently she was on the front pages of most American media because she wants a mate. One of the ways she means to find one is through a posting on dating site Match.com. Who would the lucky man be? According to the Washington Post: “Someone who’s intelligent, established, and curious; and who relishes adventure and new experiences as much as I do. Someone who can teach me new things. A lover of animals, grandchildren, and the outdoors. Young at heart.”

Stewart is as rich as she is beautiful … and tasteful. Buried in a recent SEC filing was the fact that Martha Stewart Omnimedia paid its founder $5,460,406 in 2012, and somewhat more in 2011 and 2010. Her new beau, if she finds one, can enjoy, among other things, the ”$127,955 she is paid for a weekend driver and a portion of the cost of a weekly driver for non-business usage” and be kept out of harm’s way due to the $642,128 the company pays for security services. If money can buy a long life, she did not put this fact in her new book.

Public company leaders who are also public figures can become distracted, just as they can distract shareholders from their performances as people who owe shareholders their best efforts. Stewart, famous on her own, has largely stayed out of the harsh light of the performance of the company she founded. Martha Stewart Living Omnimedia has lost money each of the past five years — more than $111 million in all — as revenue has fallen from $284.3 million in 2008 to $197.6 million. Figures for the first quarter of this year showed that the downward spiral has continued. Revenue fell from $49.8 million last year to $37.2 million. Martha Stewart Living Omnimedia lost $3.3 million for the period.

Live long and prosper, Martha Stewart. Many of your shareholders are already done for.

Activision said that the latest Call of Duty title will release on Xbox 360, PlayStation, and PC on November 5 and will also be available for next generation platforms coming soon.

The company said, “Call of Duty: Ghosts ushers in the next generation of the franchise. The new title delivers a riveting all-new gameplay experience built on an entirely new story, setting and cast of characters, all powered by a new, next generation Call of Duty engine that redefines the series for the next generation.”

If this is the newest craze to boost the company up, we are not seeing it in the price of Activision Blizzard’s shares. Maybe the YouTube “masks” preview for the game is just too uninspiring or with too little description to entice buyers yet even if they can start pre-ordering it already. Activision Blizzard shares are down 1.7% at $14.70 against a 52-week range of $10.45 to $15.08.

On a GAAP basis, Comcast’s EPS totaled $0.51, excluding one-time $0.03 per share gain on the sale of wireless spectrum licenses.

Comcast did not offer any guidance information, but the consensus estimates call for second-quarter EPS of $0.62 on revenue of $15.99 billion. The current full-year estimate calls for EPS of $2.38 on revenue of $68.04 billion.

The company’s CEO noted:

Cable’s results highlight revenue growth in every product, led by Video and High-Speed Internet, and overall customer growth, as we continue to effectively balance financial and customer performance. NBCUniversal’s businesses also generated strong first quarter performance, led by Film and Cable Networks.

Total revenue from NBCUniversal was down 2.4% year-over-year to $5.34 billion. Most of the decline was due to an 18.5% drop in the broadcast television segment. Revenue at the company’s theme parks rose 12.2% year-over-year.

Comcast lost 60,000 cable subscribers in the quarter, but added 433,000 high-speed Internet subscribers. Both numbers are slightly worse than subscriber turnover in the same period a year ago.

Average monthly revenue per video customer rose 8.1% to $155.05 in the quarter. Comcast claims nearly 22 million video customers, down from 22.3 million in the same period a year ago, and nearly 20 million high-speed Internet customers, up from 18.6 million a year ago.

Comcast’s shares are up 1.7% in premarket trading, at $42.01, in a 52-week range of $28.09 to $42.61. The consensus target price for the shares was around $46.75 before today’s report.