Spotify predicts strong quarter after cost cuts power first annual profit
Spotify Technology reported its first annual profit on Tuesday and forecast quarterly earnings above Wall Street estimates, as the Swedish audio-streaming giant benefits from strong user growth, price hikes and a cost-cutting drive.
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In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...
Your music streaming could be better. With apps like Stats.fm, Discoverify, and PlaylistAI, you can improve your Spotify ...
The results saw Spotify end 2024 with 675 million monthly active users and 263 million premium subscribers, up 12% and 11% ...
Spotify stock jumped 10% on Tuesday after earnings were released. Travis Hoium covers the big move in this video. *Stock ...
Below are the earnings highlights for Spotify Technology S.A. (SPOT): Earnings: EUR367 million in Q4 vs. -EUR70 million in the same ...
Rosenblatt Securities downgraded Spotify Technology SA (NYSE:SPOT) to "Neutral" from "Buy" given a limited upside after a sharp rally, even as the music streaming giant continues to execute well.
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