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Spotify Posts First Full-Year Profit for 2024, CEO Says Streamer Will ‘Double Down’ on Music in 2025
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 ...
Spotify has transformed into a profitable, global audio platform with strong user growth. Read why SPOT stock is a compelling ...
Spotify's profitability soars with premium pricing, ad growth, and AI tools driving engagement. Read an analysis of SPOT ...
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Spotify posts record profit in first quarterMusic streaming giant Spotify on Tuesday reported a 12-percent rise in paying subscribers in the first quarter to 268 million, along with a record operating profit. The Swedish group had 678 ...
Spotify’s shares surged 11% by midday Wednesday following its third-quarter report, which showed the music streaming giant further boosting its profit margins.The latest gains put the stock in a ...
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 reported gross profit of 1.12 billion euros, up 40% annually. Subscribers: Spotify added another 6 million customers during the quarter to hit 252 million subscribers. That’s up 12% ...
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 ...
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 reported Q2 revenue of €3.81 … The music and audio streaming giant gained 7 million paid subscribers in the period, slightly ahead of guidance, while total monthly users fell short of ...
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Spotify Posts First Full-Year Profit for 2024, CEO Says Streamer Will ‘Double Down' on Music in 2025Spotify 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 ...
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