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Spotify reports first annual profit
Spotify Shares Surge on Subscriber Gains, First Annual Profit
Spotify Technology SA posted another quarter of better-than-expected subscriber growth, with the Swedish music company recording its first-ever annual profit.
Spotify finally turned a profit for a full year
Revenue has surged following increases to Spotify’s Premium pricing, and subscriber numbers are up too.
Spotify Reports First Full-Year Profit
Price increases and cost discipline helped the audiostreaming giant pivot from heavy spending on growth to sustained profits.
Spotify Hits 1st Full-Year Profit, Adds 35M Users
Spotify reports its first full year of profitability, adds 35M monthly active users
Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago. The On Tuesday morning, Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago.
Spotify Adds Highest-Ever 35 Million Monthly Users In Fourth Quarter
In Spotify's Q4 2024 earnings report, revenues were up 16% as active users (MAUs) reached 675 million and premium subscribers reached 263 million.
Spotify Hits First Full-Year Profit, Adds 35M Users
Spotify reported its first full-year profit Tuesday, and an additional 35 million monthly active users. The audio giant reported 675 million monthly active users, the largest fourth-quarter increase in Spotify's history,
Spotify, National Music Publishers Association
Music Publishers Begin ‘Extensive’ Spotify Podcast Takedowns Over Licensing Violations
The National Music Publishers’ Assn. has launched takedowns against Spotify for the unlicensed use of music in podcasts.
Music Publishers Ask Spotify to Take Down Podcasts Featuring Unlicensed Songs
Music publishers are asking Spotify to remove thousands of unlicensed songs from podcasts on its platform, a massive takedown request spanning work by megastars from Taylor Swift and Kendrick Lamar to Michael Jackson and Prince.
NMPA Issues 2,500 Podcast Takedown Actions Against Spotify, Claiming Infringement of Songs
The NMPA will issue takedown notices to Spotify for 2,500 podcast episodes that allegedly contain "unlicensed musical works" from member publishers.
Q4, Spotify
Spotify Technology S.A. Q4 Earnings Summary
Below are the earnings highlights for Spotify Technology S.A. (SPOT): Earnings: EUR367 million in Q4 vs. -EUR70 million in the same
Spotify: Q4 Earnings Snapshot
The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.92 per share. The music-streaming service operator posted revenue of $4.53 billion in the period, surpassing Street forecasts.
Spotify (SPOT) Q4 Earnings Miss Estimates
Spotify (SPOT) came out with quarterly earnings of $1.88 per share, missing the Zacks Consensus Estimate of $1.92 per share. This compares to loss of $0.39 per share a year ago. These figures are adjusted for non-recurring items.
15h
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, ...
3d
9 useful apps that plug into Spotify
Your music streaming could be better. With apps like Stats.fm, Discoverify, and PlaylistAI, you can improve your Spotify ...
7h
on MSN
Spotify CEO Daniel Ek Calls 2024 “A Year We Really Showed What We Are Capable Of” As Q4 Sings, Stock Pops
Spotify shares are up 10% premarket on a strong fourth quarter that saw users and subscribers grow and the global music giant ...
1d
Spotify expected to report strong Q4 earnings as analysts look ahead to 'multiple catalysts on the horizon'
In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...
8h
Beyoncé’s Grammy Triumph Leads To A 940% Spotify Spike
Five of the songs on Beyoncé's Cowboy Carter experienced gains on Spotify of at least 750% in terms of number of streams ...
14h
on MSN
Spotify is hitting all the right notes as its subscriber count grows by 11%
Spotify announced its quarter four earnings for 2024, and things are certainly looking up for the company, reporting its ...
13h
Spotify rises 12.5%
Spotify (SPOT) is up 12.5%, or $68.44 to $617.52.Maximize Your Portfolio with Data Driven Insights:Leverage the power of TipRanks' Smart Score, ...
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