The streaming service reported a double-digit rise in monthly active users.
The audio-streaming company reported earnings of $1.76 a share on revenue of $4.38 billion.
Spotify forecast first-quarter profit above market estimates on Tuesday as the Swedish audio-streaming giant benefits from steady user growth, price hikes and a cost-cutting drive.
Music streaming name Spotify Technology SA (NYSE:SPOT) is preparing for its latest quarterly earnings report, due out before the open Tuesday, February 4.
Evercore determined which companies would be largely unscathed by escalating global trade war, should President Trump's tariffs fully take hold.
Spotify Technology SA SPOT will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects $2.06 in EPS and $4.15 billion in revenues as the company reports before market hours.
Evaluate the expected performance of Spotify (SPOT) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Spotify stock is in record-high territory ahead of its fourth-quarter report as Wall Street praises its turn to profitability. The post Spotify Cranks Up The Volume On Profitability, New Offerings appeared first on Investor's Business Daily.
Spotify Technology (SPOT 2.10%) is adding millions of new subscribers to its audio streaming services.
SPOT's fourth-quarter 2024 earnings and revenues are likely to increase year over year.
Shares of Spotify Technology (SPOT 1.51%) are up about 140% over the last 12 months and more than 540% since the start of 2023. The company is the world's largest music streaming provider, with over 250 million subscribers.
Spotify (SPOT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.