Spotify Reports First Full-Year Profit - MSN

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 ...

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Spotify Reports First Full-Year Profit - MSN

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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 ...

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Spotify Finally Turned A Profit For A Full Year - MSN

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The jump from $9.99 to $10.99 per month in July 2023 marked the first time that Spotify had increased ... report of when Spotify’s long ... a profit for a full year ...

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

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Total Revenue grew 16% year over year to €4.2 billion. Operating income finished at a high of €477 million, with Spotify's first full year of operating income hitting €1.4 billion.

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Spotify Stock Jumps After Reporting Its First Full Year Of ... - MSN

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Meanwhile, Spotify reported a fourth quarter profit of 367 million euros ($380 million), or 1.76 euros a share ($1.82). That's up from the prior-year period's loss of 70 million euros, or 36 euro ...

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Spotify Shares Pop 13% After Company Reports First Profitable Year

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3 days ago · The music streaming company said it paid a record $10 billion in royalties to the music industry in 2024.

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

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Spotify stock rises after the audio-streaming company reports earnings of $1.76 a share on revenue of $4.38 billion. ... Earnings Impress Markets as It Posts First Full-Year Profit. By …

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Spotify Lands First Full-year Profit - LinkedIn

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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.

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Spotify Notches First Full-year Profit - LinkedIn

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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.

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Spotify Reports First Annual Profit As Premium Subscriber Numbers …

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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 …

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Spotify Reports First Full-Year Profit - WSJ

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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 ...

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FAQs about Spotify Reports First Full-Year Profit - MSN Coupon?

How did Spotify perform in Q4 & full-year 2024 earnings?

Spotify hit all the right notes in reporting Q4 and full-year 2024 earnings, with the audio streamer turning in its first annual net profit since it was founded in 2006. Shares of Spotify surged more than 11% on the solid earnings report in early trading Tuesday. For 2024, Spotify posted net income of €1.138 billion […] ...

Is Spotify on track to hit its profitability milestone?

Spotify said in November that it was on track to hit its profitability milestone. Total yearly revenue grew to €15.6 billion (about $16.1 billion) from the €13.2 billion (about $13.6 billion) reported for 2023. ...

Why are Spotify shares up 20% this year?

Spotify shares are up 20% so far this year. When Spotify went public nearly seven years ago, it told investors it would give priority to growth over profits in an effort to establish itself as the dominant audio-streaming service. ...

What happened to Spotify stock after Tuesday's close?

After Tuesday's close, Spotify stock had gained about 39% year to date. Spotify's Co-founder and CEO Daniel Ek attends a live recording panel at Acquired, a technology podcast, at the Chase Center in San Francisco, California, U.S., Sept. 10, 2024. ...

How much does Spotify cost a month?

The growth in subscribers comes despite raising the price of its Premium subscriptions twice within an 11-month period. The jump from $9.99 to $10.99 per month in July 2023 marked the first time that Spotify had increased its US pricing since launching in the country in 2011, and was later followed by an increase to $11.99 a month in June 2024. ...

Is Spotify a good product?

"Spotify is not only a great product - it's now also a great business, which we're really happy about," Daniel Ek, Spotify founder and CEO, said in announcing the results. "We're gonna double down on music in 2025, and I'm personally very excited about that." ...