Spotify Reports First Full-Year Profit - WSJ

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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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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Spotify Posts First Full-Year Profit For 2024, CEO Says Streamer

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Shares of Spotify surged more than 10% on the solid earnings report in early trading Tuesday. For 2024, Spotify posted net income of €1.138 billion (versus a net loss of €505 million a year ...

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

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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 …

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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.

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Spotify Reports First Annual Profit As Premium Subscriber …

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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 paying subscribers by 11 ...

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

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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 ...

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Spotify Shares Surge On Subscriber Gains, First Annual Profit

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3 days ago · Combined with eliminating some 1,500 jobs, that has helped deliver Spotify’s first full-year profit since it launched in 2008. The company reported net income of €1.14 billion …

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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 Reported Its First Full-year Profit After Growing Paid ...

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2 days ago · Reports. Storyboard. LATEST STORY. ... Spotify reported its first full-year profit after growing paid subscribers by 11%. WSJ / Anne Steele / Feb 5, 2025. Price increases on …

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Spotify首次实现全年盈利 - WSJ

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3 days ago · Spotify月活跃用户数增长12%，至6.75亿。图片来源：Vuk Valcic/Zuma Press Spotify公布了该公司有史以来首次实现全年盈利，这得益于创纪录的用户增长和紧缩措施。

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

Is Spotify still profitable?

Spotify 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. ...

What did analysts expect from Spotify's earnings in 2023?

Analysts were expecting earnings of $1.99 a share on earnings of €4.15 billion ($4.28 billion). The results mean Spotify reported a full-year profit for the first time ever, with price hikes boosting its margins and sizable layoffs from 2023 helping the company to cut costs. The streamer’s guidance also looked strong. ...

Why did Spotify Technology stock rise 12% in early trading?

Spotify Technology stock was rising Tuesday after the audio streamer said it had added more subscribers than Wall Street was expecting over the fourth quarter, helping revenue to top estimates. The stock climbed 12% to $612.59 in early trading. The benchmark S&P 500 index was up 0.1%. ...

How many subscribers does Spotify have in Q4?

Spotify has reported a remarkable addition of 35 million monthly active users (MAUs) in the fourth quarter, marking the largest Q4 net addition in the company’s history. This achievement exceeded Spotify’s internal projections of 25 million MAUs. The company now boasts a total of 263 million subscribers, up from 240 million in the previous quarter. ...

Why is Spotify so popular?

After 18 years, Spotify's business has caught up to its global popularity. Why it matters: With its first full year of profitability under its belt, the company now has the capital and momentum to focus on "accelerated execution," without eating at its margins, CEO Daniel Ek told Axios in an interview Tuesday morning. ...

Can Spotify grow its user numbers without relying on paid acquisition costs?

The organic nature of the campaign suggests Spotify can find ways to grow its user numbers without relying solely on paid acquisition costs. Zoom out: With 675 million monthly users and 263 million paid members as of last quarter, Spotify can be considered one of the largest streaming services globally. ...