Spotify Tops Q3 Forecasts, Reaches 252 Million Premium Subscribers as Revenue Climbs 19%
Spotify cranked up the volume with another strong quarter, packing on 6 million paying subscribers globally in Q3 2024.
Premium Revenue and Subscribers Drive Spotify’s Big Q3
Spotify's aggressive push for profitability may very well pay off before the year's end, following a strong Q3 2024.
Spotify’s Q3 Profit Quadruples as Streamer Tops 250 Million Subscribers
Spotify's profit more than quadrupled during the third quarter, the music streaming heavyweight reported on Tuesday
Spotify Adds Subscribers As Q3 Revenue Grows, Stock Pops
Music streaming giant Spotify grew monthly active users and premium subscribers last quarter, beating forecasts on both of those and other metrics as the stock rose more than 9% after the numbers before settling slightly to well over $450.
Spotify Q3 Profit Jumps, Driven By Premium Revenue; Stock Climbs In Pre-market
(RTTNews) - Audio streaming service provider Spotify Technology S.A. (SPOT) Wednesday reported significantly higher profit for the third quarter driven by growth in premium revenue. Spotify shares were more than 7 percent up in pre-market. Net profit for ...
Spotify Subscription Revenue Soars in Q3, Operating Profit Hits Record High
Spotify's Q3 earnings shows that subscription revenue and operating profit grew during the quarter following cost-cutting measures.
Spotify teases a ‘super premium’ tier for superfans and upcoming video expansion in Q3 earnings call
Spotify CEO Daniel Ek has once again teased the company's long-delayed HiFi or "super premium" tier, a higher-qualify ...
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Why Stop At $400? Spotify Stock Tops $465 Per Share Following Q3 Earnings Release — Execs Target ‘First Full Year of Profitability’
Why stop at $400 per share? Spotify stock (NYSE: SPOT) is surging following the release of the company’s Q3 2024 earnings ...
The Washington Post2d
Spotify: Q3 Earnings Snapshot
LUXEMBOURG — LUXEMBOURG — Spotify Technology SA (SPOT) on Tuesday reported third-quarter earnings of $329.7 million. On a per-share basis, the Luxembourg-based company said it had net income of ...
Spotify Q3: Strong Subscriber Growth And Margin Improvement
Spotify's Q3 results and new features signal strong growth. Learn why SPOT stock is a buy with a $500 price target and a ...
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Spotify cruises past quarter-of-a-billion subscribers, as it eyes $1.5bn annual operating profit in 2024
Spotify is on course to achieve its first-ever full year as a profitable company – to the tune of USD $1.5 billion. The ...
Business Insider1d
Spotify’s Strong Q3 Performance and Promising Outlook Drive Buy Rating from Analyst Jeffrey Wlodarczak
In a report released yesterday, Jeffrey Wlodarczak from Pivotal Research reiterated a Buy rating on Spotify Technology SA (SPOT – Research Report), with a price target of $565.00. Jeffrey Wlodarczak ...
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Spotify Reports $100 Million In Royalty Savings Since Rolling Out Bundled Offerings Since March
That success is due in no small part of Spotify’s bundling over the past year. The music streaming giant’s global Premium ...
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Spotify Technology S.A. (NYSE:SPOT) Q3 2024 Earnings Call Transcript
Spotify Technology S.A. (NYSE:SPOT) Q3 2024 Earnings Call Transcript November 12, 2024 Operator: Good afternoon, and ...