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Spotify (NYSE: SPOT) is the world's largest music streaming platform. Its stock has been on a tear this year with a 142% gain so far, which crushes the 23% return in the S&P 500 (SNPINDEX: ^GSPC) .
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 ...
Spotify expects the subscriber count to increase to 245 million in the second quarter. Free cash flow, another key metric for investors, came in at 207 million euros in the quarter compared to 57 ...
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]
Spotify (SPOT) delivered earnings and revenue surprises of -12.50% and 0.39%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
But overall revenue rose a less-than-expected 19% to 3.99 billion euros in the third quarter, missing estimates of 4.02 billion euros, driven by weakness in digital advertising market.
LOS ANGELES (AP) — Spotify paid out $9 billion in streaming royalties last year, the streaming giant said Tuesday in its latest “Loud and Clear” report. Spotify's fourth annual report, which ...
South Korean boy band BTS is the most-streamed group in Spotify's history. [1] The following list contains the most-streamed artists on the audio streaming platform Spotify. As of February 2024, American singer-songwriter Taylor Swift is the most-streamed artist, [2] and Canadian rapper Drake is the most-streamed male artist in Spotify's history.