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The average revenue per user (ARPU) is up 11% year over year on a constant currency basis, ... Spotify revenue is forecast to climb 15%, with EPS accelerating by 58% to the current $9.32 estimate.
Spotify's revenue for Q1 2020 amounted to €1.85 billion ($2 billion). A large part of this sum, €1.7 billion ($1.84 billion), came from Spotify Premium subscribers. Gross profit in the same quarter amounted to €472 million ($511 million), with an operating loss of €17 million ($18 million). [203]
Premium revenue grew 17% year over year while ad-Supported revenue grew 12% to an all-time quarterly high of €501 million, according to Spotify. Music advertising revenue grew double-digits ...
Its stock has been on a tear this year with a 142% gain so far, ... which divides a company's market cap by its trailing-12-month revenue. Spotify's P/S ratio is currently 5.8, which is 52% higher ...
Since 2011, the music industry has seen consistent sales growth with streaming now generating more revenue per year than digital downloads. Spotify, Apple Music, and Amazon Music are the largest streaming services by subscriber count. [6]
Over the past year, Spotify has committed to multiple rounds of layoffs in addition to price increases and other initiatives to boost top-line growth and improve margins. ... Revenue guidance for ...
According to Caldas, the payments Merlin's labels received from Spotify rose 250 percent from the year ending March 2011 to the year ending March 2012, while at the time, the revenue per user was "the highest it has been since the launch of the service".
However, the first-quarter forecast was below Wall Street expectations for total users and revenue. Spotify's monthly user forecast for the quarter of 618 million undershot estimates of 618.8 million.