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Spotify Technology S.A. has received a vote of confidence from Oppenheimer, with the firm citing the streaming giant’s strong ...
Key Points Consumers are paying less for music than they have in decades, and that could give Spotify pricing power.Robinhood ...
Spotify ( SPOT) shares are trading more than 1.5% higher on Thursday after Oppenheimer upgraded the stock to Outperform. The ...
Spotify just reported its second-quarter earnings and the two most impressive metrics are the number of subscribers and the total number of Spotify users. Overall, Spotify now has 551 million ...
Spotify’s Q2 revenue of €3.18 billion was up 11% in Q2 reflecting 11% growth in subscription revenue and 12% growth in ad revenue. The company said podcast advertising revenue growth ...
In 2Q24, Spotify reported premium subscriber growth of 2.9% Q/Q compared to ad-supported growth of 1.3% Q/Q and 11.8% Y/Y versus 14.6% Y/Y, respectively. We focus on Q/Q growth as an indicator of ...
While revenue and user growth came in at or above expectations, Spotify’s gross margins refused to budge, coming in at 25.5% on an adjusted basis, which excludes one-off measures related to ...
There are currently 220 million people who pay for a Spotify subscription around the world — that number is up 17% year over year. Overall, Spotify now has 551 million monthly active users.
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