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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 Reports First Full-Year Profit
Price increases and cost discipline helped the audiostreaming giant pivot from heavy spending on growth to sustained profits.
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 Stock Jumps
Spotify Stock Jumps as Streaming Giant Hits First Full Year of Profitability
Spotify (SPOT) shares are jumping around 8% in premarket trading Tuesday, after the Swedish audio streaming giant posted its first full-year profit and quarterly revenue that beat estimates. “Spotify hit some huge milestones,
Spotify Stock Jumps. Why Wall Street Is Cheering the Streamer’s First Full-Year Profit.
Spotify Technology shares were rising Tuesday after the audio streamer said it had added more subscribers than Wall Street was expecting over the fourth quarter, helping revenue to top estimates. The stock climbed 8.
Spotify Stock Jumps As More Users Flock To Music Streamer
Spotify Technology on Tuesday beat analyst estimates for subscribers and users in the fourth quarter. It also topped views on revenue, but earnings were lighter than expected. Still, Spotify stock surged on the news.
Spotify, Music Publishers
Music Publishers Begin ‘Extensive' Spotify Podcast Takedowns Over Licensing Violations
Just hours after Spotify announced its first-ever annual net profit, the National Music Publishers' Association has launched an ongoing takedown initiative against the streaming giant for the unlicensed use of music in podcasts on its platform.
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.
13h
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, ...
10h
on MSN
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.
14h
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 ...
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 ...
6h
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 ...
7h
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 ...
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 ...
6d
Spotify Wins Lawsuit Over Bundling Royalties
Spotify defeated a lawsuit from the Mechanical Licensing Collective accusing it of unfairly cutting royalty rates via its ...
12h
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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