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Spotify swings to a profit
Spotify Shares Surge on Subscriber Gains, First Annual Profit
Spotify Technology SA posted another quarter of better-than-expected subscriber growth in the fourth quarter, helping the Swedish music company record its first-ever annual profit.
Spotify reports first annual profit as premium subscriber numbers surge
Annual revenue jumped 16 per cent to €4.2bn as the company increased paying subscribers by 11 per cent to 263mn. Record growth in premium customers helped increase revenue per user by 5 per cent to €4.85 from the previous year, as Spotify also benefited from increasing prices.
Spotify swings to a profit as subscribers top estimates
Spotify Technology S.A. reported a fourth-quarter profit as the music streaming service’s monthly active users climbed by double-digits over the year-ago period, sending shares of the company up sharply higher in premarket trading.
Spotify Hits 1st Full-Year Profit, Adds 35M Users
Spotify reports its first full year of profitability, adds 35M monthly active users
Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago. The On Tuesday morning, Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago.
Spotify Adds Highest-Ever 35 Million Monthly Users In Fourth Quarter
In Spotify's Q4 2024 earnings report, revenues were up 16% as active users (MAUs) reached 675 million and premium subscribers reached 263 million.
Spotify Hits First Full-Year Profit, Adds 35M Users
Spotify reported its first full-year profit Tuesday, and an additional 35 million monthly active users. The audio giant reported 675 million monthly active users, the largest fourth-quarter increase in Spotify's history,
19h
Spotify predicts strong quarter after cost cuts power first annual profit
Spotify Technology reported its first annual profit on Tuesday and forecast quarterly earnings above Wall Street estimates, ...
18h
on MSN
Spotify Reports First Full-Year Profit
Price increases and cost discipline helped the audio-streaming giant pivot from heavy spending on growth to sustained profits ...
1h
Spotify Earns Mixed Analyst Reviews Following Q4 Success
Music streaming company Spotify Technology SA (SPOT) received mixed reviews from analysts after delivering successful Q4 results. Optimistic ...
16h
on MSN
Music Publishers Begin ‘Extensive’ Spotify Podcast Takedowns Over Licensing Violations
The National Music Publishers’ Assn. has launched takedowns against Spotify for the unlicensed use of music in podcasts.
3d
9 useful apps that plug into Spotify
Your music streaming could be better. With apps like Stats.fm, Discoverify, and PlaylistAI, you can improve your Spotify ...
1d
Spotify expected to report strong Q4 earnings as analysts look ahead to 'multiple catalysts on the horizon'
In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...
13h
Beyoncé’s Grammy Triumph Leads To A 940% Spotify Spike
Five of the songs on Beyoncé's Cowboy Carter experienced gains on Spotify of at least 750% in terms of number of streams ...
ABC Columbia
5h
Spotify turns a full-year profit for the first time
(CNN)– Spotify reported its first full year of profitability since its founding nearly 20 years ago. The Swedish audio ...
CNET on MSN
21h
These Are the Expert Spotify Audio Tips You Need to Use in 2025
1. Open the Spotify app and tap on your profile picture in the upper left corner. 2. Tap the gear icon to open the Settings ...
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