Spotify lands first full-year profit | LinkedIn

3 days ago · Spotify’s fourth-quarter revenue climbed 16% from a year earlier, the company reported on Tuesday, helping it turn a full-year profit for the first time.

CouponFollow Extension

16%
OFF

Spotify Lands First Full-year Profit | LinkedIn

2 weeks from now

3 days ago · Spotify’s fourth-quarter revenue climbed 16% from a year earlier, the company reported on Tuesday, helping it turn a full-year profit for the first time.

linkedin.com

16%
OFF

Spotify's First Full-year Profit | LinkedIn

2 weeks from now

3 days ago · Spotify’s fourth-quarter revenue climbed 16% from a year earlier, the company reported on Tuesday, helping the company turn a full-year profit for the first time.

linkedin.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

24%
OFF

Spotify Reports First Full-Year Profit - WSJ

2 weeks from now

Spotify Technology SPOT13.24%increase; green up pointing triangle reported its first ever full year of profitability, fueled by record user growth and austerity measures after years of heavy ...

wsj.com

$1.76
OFF

Spotify Stock Soars After Earnings, First Full-Year Profit. Adds ...

2 weeks from now

Spotify stock rises after the audio-streaming company reports earnings of $1.76 a share on revenue of $4.38 billion.

barrons.com

€1
OFF

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

2 weeks from now

3 days ago · Spotify Hits First Full-Year Profit, Adds 35M Users. Caitlin Huston . Tue, Feb 4, 2025, 8:50 AM 1 min read. ... with Spotify’s first full year of operating income hitting €1.4 billion

yahoo.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 Execs Have Cashed Out More Than $1B In Stock This Year

2 weeks from now

Nov 27, 2024 · Following a series of positive earnings reports this year — including guidance that 2024 will be Spotify’s first full year of profit — SPOT’s shares have soared to all-time highs. …

musicbusinessworldwide.com

16%
OFF

Spotify Notches First Full-year Profit | LinkedIn

2 weeks from now

3 days ago · Spotify’s fourth-quarter revenue climbed 16% from a year earlier, the company reported on Tuesday, helping it turn a full-year profit for the first time. Agree & Join LinkedIn

linkedin.com

$1.17
OFF

Spotify Reports $1.17b First Annual Profit For 2024 - Tech In Asia

2 weeks from now

2 days ago · Spotify reports $1.17b first annual profit for 2024 Spotify has reported its first full year of profitability since its founding in 2008, with net profits of €1.14 billion (approximately …

techinasia.com

13%
OFF

Spotify Reports First Full Year Of Profitability, Shares Jump 13%

2 weeks from now

Spotify ended its fiscal year by reporting net income of 1.14 billion euros, marking the streamer’s first-ever profitable year. This landmark announcement drove its stock price up 13% and …

brandvm.com

1%
OFF

Spotify Projects First Full Year Of Profitability Ever - MSN

2 weeks from now

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 investors last year.

msn.com

FAQs about Spotify lands first full-year profit | LinkedIn Coupon?

Will Spotify reach profitability in 2024?

Spotify on Tuesday said it anticipates reaching profitability for the full year in 2024, which would mark the company's first full profitable year since it launched 18 years ago. ...

How much did Spotify's monthly active users grow?

Spotify’s monthly active users climbed 12% to 675 million. Photo: Vuk Valcic/Zuma Press Spotify Technology SPOT 13.24% reported its first ever full year of profitability, fueled by record user growth and austerity measures after years of heavy spending on growth initiatives such as podcasts. ...

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. ...

Is profitability the new normal for Spotify?

Why it matters: For years, Wall Street was skeptical that Spotify's business was as strong as its consumer product, but CEO Daniel Ek told Axios in an interview he thinks profitability is the new normal for Spotify. "We believe we are in a new reality where we are a... ...

Will Spotify be more disciplined about how it spends money?

The big picture: Spotify's road to profitability has been a long time coming. The company's investments in new product areas, particularly podcasts during the COVID era, took years to pay off, at times frustrating investors. Ek said moving forward, Spotify will be more disciplined about how it spends money. ...

Are Spotify executives taking advantage of a run-up in the stock price?

As such, alone accounts for roughly half the value of the stocks sold by executives and board directors this year. Other key Spotify executives and former executives have also sold considerable shares since the start of 2024. Clearly, leadership is taking advantage of a major run-up in the firm’s stock price. ...