Spotify Hits First Full-Year Profit, Adds 35M Users - Yahoo Finance

3 days ago · Total revenue grew 16 percent year over year to €4.2 billion in the final quarter of the year. Quarterly operating Income finished at a high of €477 million, with Spotify’s first full year ...

CouponFollow Extension

€4
OFF

Spotify Hits First Full-Year Profit, Adds 35M Users - Yahoo Finance

2 weeks from now

yahoo.com

10%
OFF

Spotify Stock Jumps As Streaming Giant Hits First Full Year Of ...

2 weeks from now

3 days ago · Spotify shares are jumping almost 10% in premarket trading Tuesday, after the Swedish audio streaming giant posted its first full-year profit and quarterly revenue that beat …

investopedia.com

€1.76
OFF

Spotify Reports First Full-Year Profit - MSN

2 weeks from now

Spotify swung to a fourth-quarter profit of 367 million euros, or €1.76 a share, from a loss of €70 million, or 36 euro cents a share, a year ago. Analysts expected €1.99 a share, according ...

msn.com

€1
OFF

Spotify Reports First Annual Profit As Premium Subscriber Numbers …

2 weeks from now

3 days ago · That left the annual number at €1.4bn, the first yearly profit since Spotify was launched in 2008. Annual revenue jumped 16 per cent to €4.2bn as the company increased …

ft.com

1%
OFF

Spotify Projects First Full Year Of Profitability Ever - Axios

2 weeks from now

Nov 13, 2024 · The company's gross margin reached 31.1%, the first time the company's gross profit margin ever surpassed 30% in a quarter and well ahead of the the 2025 deadline it gave …

axios.com

$80
OFF

(SPOT) - Yahoo Finance

2 weeks from now

Dec 22, 2024 · At the end of 2022, Spotify stock was trading below $80 a share after a disastrous year for investors that erased over $35 billion from the company's market cap.Today, shares …

yahoo.com

15%
OFF

Spotify Q4 Revenue Jumps As Paid Subscribers Rise 15% - Yahoo

2 weeks from now

Feb 6, 2024 · Average revenue per user rose 1%, or 5% year over year, to $5.07, the company said, ... For the full year, Spotify posted a loss of $587.1 million, or $3.01 per share, on …

yahoo.com

€1.14
OFF

Spotify Posts First Annual Profit Of €1.14B; Shares... | DeepNewz

2 weeks from now

3 days ago · Spotify Technology SA reported its first full-year profit, driven by record user growth and cost-cutting measures. The Swedish music streaming company posted net income of …

deepnewz.com

FAQs about Spotify Hits First Full-Year Profit, Adds 35M Users - Yahoo Finance Coupon?

How did Spotify (spot) get to its full-year profitability?

Here's how it got there. At the end of 2022, Spotify (SPOT) stock was trading below $80 a share after a disastrous year for investors that erased over $35 billion from the company's market cap. Today, shares are trading at just under $500. The audio giant is on track to hit full-year profitability for the first time ever. ...

How did Spotify achieve its first full year of operating income?

Operating income improved to €454 million, thanks to gross margin strength and lower personnel related and marketing costs, which is a record high for the company, and puts Spotify on the track to reach its first full year of operating income profitability. ...

Did Spotify make a profit in Q4 2024?

Tue, Feb 4, 2025, 8:50 AM1 min read Spotify reported its first full-year profit early on Tuesday and highlighted that it signed up an additional 35 million monthly active users in the fourth quarter of 2024. The audio giant reported 675 million monthly active users, the largest fourth-quarter increase in Spotify’s history. ...

Why is Spotify stock trading at all-time highs?

Spotify stock is trading at all-time highs just 2 years after a record low. Here's how it got there. At the end of 2022, Spotify (SPOT) stock was trading below $80 a share after a disastrous year for investors that erased over $35 billion from the company's market cap. Today, shares are trading at just under $500. ...

Is Spotify struggling to turn a profit?

At the time, the company had been struggling to turn a profit, with its gross margin stuck at around 25%. In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. ...

Why is Spotify stock trading below $80 a share?

At the end of 2022, Spotify (SPOT) stock was trading below $80 a share after a disastrous year for investors that erased over $35 billion from the company's market cap. Today, shares are trading at just under $500. The audio giant is on track to hit full-year profitability for the first time ever. And its market cap? ...