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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.
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 posted its first annual profit in 2024. Spotify generated $16.3 billion in total revenue during 2024. It was an 18% year-over-year increase, which marked an acceleration from the 13% ...
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. Shares of Spotify surged ...
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 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 ...
Total monthly active users (MAUs) came in below company estimates of 631 million to hit 626 million in the quarter — but it was still a 14% improvement compared with the total in the year-ago ...
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 ...
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