Spotify turned a profit for the first time in 2024
Spotify reportedly posted a quarterly profit of about €367 million (about $380 million) last quarter, a massive jump from a net loss of €70 million the year before (per TheWrap). That contributed to a total annual profit of €1.14 billion (about $1.18 billion) for the year.
5hon MSN
Spotify hit all the right notes in reporting Q4 and full-year 2024 earnings, with the audio streamer turning in its first ...
Spotify Technology S.A. reported a fourth-quarter profit as the music streaming service’s monthly active users climbed by ...
Spotify Technology reported its first annual profit on Tuesday and forecast quarterly earnings above Wall Street estimates, ...
Spotify shares are up 10% premarket on a strong fourth quarter that saw users and subscribers grow and the global music giant ...
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 ...
Spotify matched its best quarter ever for subscriber growth during the fourth quarter of 2024, the music streaming giant ...
6hon MSN
Spotify Technology ( SPOT) posted fiscal fourth quarter earnings on Tuesday that beat revenue expectations and reported its ...
Spotify turned a profit for its fiscal fourth quarter on Tuesday. Nancy Tengler dubs SPOT a recession-proof stock for 2025.
In Spotify's Q4 2024 earnings report, revenues were up 16% as active users (MAUs) reached 675 million and premium subscribers ...
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