Spotify Technology S.A. (SPOT)
Spotify Delivers a Strong Encore
The music streamer's growing profit margins should keep its gravity-defying stock in orbit.
Spotify Price Levels to Watch as Stock Pops on Subscriber Growth, Outlook
Spotify (SPOT) shares jumped in extended trading on Tuesday after the streaming media giant topped Wall Street's third-quarter subscriber growth estimates and issued a better-than-expected profit outlook.
Spotify Technology S.A. (SPOT) Q3 2024 Earnings Call Transcript
Spotify Technology S.A. (NYSE:SPOT ) Q3 2024 Earnings Call Transcript November 12, 2024 5:00 PM ET Company Participants Bryan Goldberg - Head of IR Daniel Ek - CEO Christian Luiga - CFO Operator Good afternoon, and welcome to Spotify's Third Quarter 2024 Earnings Call and Webcast.
Spotify (SPOT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Spotify (SPOT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Spotify Q3: Strong Subscriber Growth And Margin Improvement
I reiterate a Strong Buy on Spotify Technology S.A. stock with a one-year price target of $500 per share, due to strong subscriber growth and improved monetization. Spotify's potential launch of an ads exchange platform could enhance video ad offerings, reduce reliance on Alphabet and Meta, and boost ad revenue. Spotify's Q3 results showed 19% revenue growth and 11.5% growth in monthly active users, with new features enhancing user experience and reducing churn.
Spotify (SPOT) Q3 Earnings Lag Estimates
Spotify (SPOT) came out with quarterly earnings of $1.59 per share, missing the Zacks Consensus Estimate of $1.75 per share. This compares to earnings of $0.36 per share a year ago.
Spotify Stock Jumps After Third-Quarter Subscriber Beat
Streaming music leader Spotify beat expectations for subscribers and total users in the third quarter. Spotify stock surged in extended trading.
Spotify shares pop on better-than-expected profit forecast
Spotify issued profit guidance for the fourth quarter that topped estimates. The company reported third-quarter earnings and revenue that came below in analysts' expectations.
Spotify Stock Pops as Subscribers Jump
Spotify (SPOT) added more subscribers than expected in the third quarter, sending shares higher after the bell Tuesday.
EARNINGS ALERT: SPOT, CART, CAVA
Spotify (SPOT) surges on an increase in subscribers. Meanwhile, Maplebear aka Instacart (CART) dips after its 3Q report.
Spotify forecasts profit above estimates on cost cuts, steady user growth
Audio-streaming giant Spotify forecast fourth-quarter profit above Wall Street estimates on Tuesday, betting on cost cuts and strong subscriber growth in the crucial holiday season, sending its shares up 7.7% after the bell.
Spotify Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Spotify Technology S.A. SPOT will release earnings results for its third quarter, after the closing bell on Tuesday, Nov. 12.
