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 Hits 252M Premium Subscribers, On Track For First Full Year of Profitability
"We’re where we set out to be — if not a little further — and on a steady path toward achieving our long-term goals," said CEO Daniel Ek.
Spotify: Q3 Earnings Snapshot
The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.75 per share.
Why Spotify Stock Is Surging Despite Its Earnings Miss
Spotify stock is notably higher Wednesday after the audio streaming company gave an upbeat fourth-quarter outlook. Here's what you need to know.
Spotify Stock Jumps on Subscriber Record. Why It Got a Downgrade After Earnings.
Spotify stock rose early Wednesday after the audio streaming platform posted quarterly earnings and gave an upbeat outlook for subscriber and user growth. But one analyst downgraded the stock. PhillipCapital analyst Jonathan Woo changed his recommendation from Buy to Accumulate,
Spotify Stock Pops as Subscribers Jump
Spotify (SPOT) added more subscribers than expected in the third quarter, sending shares higher after the bell Tuesday. Monthly active users climbed 11% year-over-year to 640 million, and premium subscriptions came in at 252 million,
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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Spotify’s Ek puts a damper on ‘super premium’ hype, bigs up AI and innovation as the future
The super premium opportunity maybe isn’t as exciting as some people would have you believe, and no one can really agree what ...
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. The audio ...
Spotify for Podcasters Evolves Into a New Platform for Creators With Monetisation, Analytics and More
In a blog post, Spotify announced that its Spotify for Podcasters app has evolved into Spotify for Creators, in line with its ...
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Spotify Option Trade Can Generate $600 By The Weekend
Spotify is set to report earnings on Tuesday after the closing bell and the options market is pricing in a 9.7% move in ...
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What is the Spotify Premium Family plan?
Those wanting up to six accounts under the same roof should consider canceling their individual Spotify Premium plans and switching to the more affordable Spotify Premium Family package.
Digital Trends27d
YouTube Music vs. Spotify: So alike, but which is best for you?
For their free versions, YouTube Music’s maximum streaming quality is 128kbp, while Spotify’s is 160kbps (it maxes out at 128kbps if using the web player). Graduating to the premium tiers of ...
Business Insider23h
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 ...