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  2. Spotify forecasts profit above estimates on cost cuts, steady ...

    www.aol.com/news/spotify-forecasts-profit-above...

    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.

  3. Spotify predicts strong quarter after cost cuts power first ...

    www.aol.com/news/spotify-predicts-strong-quarter...

    Spotify predicts strong quarter after cost cuts power first annual profit ... driven by subscriber gains and a 5% increase in average revenue per user. Spotify hiked prices in the U.S. in June ...

  4. Spotify Posts First Full-Year Profit for 2024, CEO Says ... - AOL

    www.aol.com/entertainment/spotify-posts-first...

    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 ...

  5. Spotify turns a profit in Q3 as total users, gross margins ...

    www.aol.com/finance/spotify-earnings-preview...

    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 ...

  6. Spotify turns a profit as earnings and revenue beat estimates

    www.aol.com/finance/spotify-earnings-preview...

    The audio giant also swung to a profit as it continues ... of 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 ...

  7. Spotify Turns in Record Profit in Q2, Grows Premium ... - AOL

    www.aol.com/entertainment/spotify-turns-record...

    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 ...

  8. Spotify CFO on surprise quarterly profit: 'We hit an ... - AOL

    www.aol.com/finance/spotify-cfo-surprise...

    Spotify stock rose as much as 11% following its surprise profit. Wall Street has been closely watching the company's margins after its spending spree on podcasting last year.

  9. Spotify Paid Out $10 Billion to the Music Industry in 2024 ...

    www.aol.com/entertainment/spotify-paid-10...

    Spotify also estimates that “in 2014, around 10,000 artists generated at least $10,000 per year on Spotify. Today, well over 10,000 artists generate over $100,000 per year from Spotify alone.” ...

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