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Fourth-quarter revenue rose 16% to 4.24 billion euros, beating an estimate of 4.19 billion euros, driven by subscriber gains and a 5% increase in average revenue per user. Spotify hiked prices in ...
Spotify expects operating income of 481 million euros ($509.76 million) in the fourth quarter, compared with the LSEG-compiled average analysts' estimate of 445.7 million euros.
The stock, which lost more than two-thirds of its value in 2022, is up about 100% year to date and up roughly 75% on a year-over-year basis. Still, shares remain more than 50% below their record ...
Spotify hit all the right notes in reporting Q4 and full-year 2024 earnings, with the audio streamer turning in its first annual net profit since it was founded in 2006. ... Spotify Posts First ...
Spotify turns a profit as earnings and revenue beat estimates. ... 0.65 euros per share. It also compares with the year-earlier period loss of 225 million euros, or a loss of 1.16 euros a share ...
Helped by cost-cutting measures include a mass layoff, Spotify posted a record profit in the second quarter of 2024 that topped expectations. The music and audio streaming giant gained 7 million ...
That was well ahead of analyst expectations of earnings of 1.04 euros per share. It also compares with the year-earlier period loss of 302 million euros ($327.77 million), or a loss of 1.55 euros ...
The number of monthly active users rose by 23% to 602 million in the fourth quarter, beating Spotify's guidance and analysts' forecasts of 601.33 million Spotify's user growth beats estimates ...