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Spotify reports first annual profit
Spotify Reports First Full-Year Profit
Price increases and cost discipline helped the audiostreaming giant pivot from heavy spending on growth to sustained profits.
Spotify Shares Surge on Subscriber Gains, First Annual Profit
Spotify Technology SA posted another quarter of better-than-expected subscriber growth, with the Swedish music company recording its first-ever annual profit.
Spotify finally turned a profit for a full year
Revenue has surged following increases to Spotify’s Premium pricing, and subscriber numbers are up too.
Q4, Spotify
Spotify Technology S.A. Q4 Earnings Summary
Below are the earnings highlights for Spotify Technology S.A. (SPOT): Earnings: EUR367 million in Q4 vs. -EUR70 million in the same
Spotify: Q4 Earnings Snapshot
The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.92 per share. The music-streaming service operator posted revenue of $4.53 billion in the period, surpassing Street forecasts.
Spotify (SPOT) Q4 Earnings Miss Estimates
Spotify (SPOT) came out with quarterly earnings of $1.88 per share, missing the Zacks Consensus Estimate of $1.92 per share. This compares to loss of $0.39 per share a year ago. These figures are adjusted for non-recurring items.
3h
on MSN
Try two months of Spotify Premium Individual for $0
SAVE $23.98: As of Feb. 5, you can score two months of Spotify Premium Individual (ad-free music listening, high-quality ...
1d
Spotify predicts strong quarter after cost cuts power first annual profit
Spotify Technology reported its first annual profit on Tuesday and forecast quarterly earnings above Wall Street estimates, ...
4d
9 useful apps that plug into Spotify
Your music streaming could be better. With apps like Stats.fm, Discoverify, and PlaylistAI, you can improve your Spotify ...
1d
Spotify expected to report strong Q4 earnings as analysts look ahead to 'multiple catalysts on the horizon'
In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...
8h
on MSN
Daniel Ek says Spotify’s new CFO, a former defense exec, is ditching his suits for t-shirts as streaming giant breaks fresh records
Spotify reported its 2024 full-year earnings on Tuesday, hitting record revenues of €15.7 billion ($16.3 billion) and realizing its first profit of €1.4 billion ($1.5 billion) as it grew monthly ...
23h
Beyoncé’s Grammy Triumph Leads To A 940% Spotify Spike
Five of the songs on Beyoncé's Cowboy Carter experienced gains on Spotify of at least 750% in terms of number of streams ...
Marketing Week
3h
Spotify cuts marketing spend pledging focus on ‘accelerated execution’
CEO Daniel Ek says Spotify will invest in experiences via its video function, as the streaming giant looks to “set the pace, ...
8h
on MSN
Spotify Stock Jumps 10%: Here's What You Need to Know
Spotify stock jumped 10% on Tuesday after earnings were released. Travis Hoium covers the big move in this video. *Stock ...
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