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, as the Swedish audio-streaming giant benefits from strong user growth, price hikes and a cost-cutting drive.
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Revenue has surged following increases to Spotify’s Premium pricing, and subscriber numbers are up too.
In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...
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Spotify's posted impressive Q4 earnings, with growth in subscribers, revenue, and a profitable year ahead. Click here to find ...
Spotify Technology reported impressive user growth and profitability metrics, though its financial metrics were mixed.
The streaming giant closed out its first full year of profitability in 2024 while growing listeners to a new record. Just ...
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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