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Spotify hit all the right notes in reporting Q4 and full-year 2024 earnings, with the audio streamer turning in its first annual net profit since it was founded in 2006. Shares of Spotify surged ...
Nov 12 (Reuters) - Audio-streaming giant Spotify (SPOT.N), opens new tab forecast fourth-quarter profit above Wall Street estimates on Tuesday, betting on cost cuts and strong subscriber growth in ...
Spotify's cost cuts, user growth, strategic price hikes, and improving margins drive profitability and resilience. See why ...
Helped by cost-cutting measures include a mass layoff, Spotify posted a record profit in the second quarter of 2024 that topped expectations. The music and audio streaming giant gained 7 million ...
Spotify reported its first quarter earnings on Tuesday, following its first year as a profitable company in 2024. Read more here: ...
Spotify Technology SPOT2.52%increase; green up pointing triangle reported its first ever full year of profitability, fueled by record user growth and austerity measures after years of heavy ...
Spotify Technology shares tumbled on Tuesday after the streaming company gave a muted outlook for profit and subscriber growth in the current quarter. The Stockholm-based company forecast gross ...
Spotify’s second-quarter results, posted Tuesday morning, featured record gross margins and operating profit. Management also projected a similar trend continuing in the third quarter ...
In April, Spotify reported its largest quarterly gross profit. Spotify said it would lay off 17% of its workforce, or about 1,500 people, as the tech downturn continues. Dec. 4, 2023 Spotify stock ...
Spotify hit all the right notes in reporting Q4 and full-year 2024 earnings, with the audio streamer turning in its first annual net profit since it was founded in 2006. Shares of Spotify surged ...
The record profits come after a significant layoff at Spotify.At the end of Q2, Spotify's workforce stood at 7,372 full-time employees globally - down from 9,123 at the end of 2023. Spotify's ad ...