Spotify Posts Third Consecutive Quarterly Profit
Spotify posted a third consecutive quarterly profit and is on track to be in the black for the full year for the first time. After years of rapid subscriber growth and efforts to expand beyond music streaming into broader audio offerings such as podcasts and audiobooks,
Audio-streaming giant Spotify forecast fourth-quarter profit above Wall Street estimates on Tuesday, betting on cost cuts and ...
Spotify's profit more than quadrupled during the third quarter, the music streaming heavyweight reported on Tuesday ...
Spotify is on course to achieve its first-ever full year as a profitable company – to the tune of USD $1.5 billion. The ...
Starting in January in the U.S. and other markets, Spotify Premium users will be able to see ad-free videos, and video ...
Spotify is on track to achieve a groundbreaking $1.5 billion annual operating profit, marking its first profitable full year. According ...
Spotify's Q3 earnings shows that subscription revenue and operating profit grew during the quarter following cost-cutting measures.
(RTTNews) - Audio streaming service provider Spotify Technology S.A. (SPOT) Wednesday reported significantly higher profit for the third quarter driven by growth in premium revenue. Spotify ...
Spotify Technology SA shares jumped Wednesday morning after the music streaming service reported third-quarter growth in ...
Spotify also increased its revenue by 19% YoY to 3.98 billion Euros, of which Premium contributed 3.51 billion Euros this ...
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