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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 ...
Spotify dominates the music-streaming market, with nearly 600 million monthly active listeners and a 30% market share, but that hasn’t translated into turning a profit for the Stockholm-based ...
Swedish audio streaming giant Spotify’s share price jumped almost 10% Tuesday after a third-quarter report showed a profit of about $69 million—marking the first time Spotify posted a ...
Spotify raked in enough cash and new subscribers in 2024 to celebrate its first full year of profitability since the service ...
By Caitlin Huston Business Writer 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 ...
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% ...
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 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’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 ...
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 ...