Spotify Reports Third Quarter 2024 Earnings

Nov 12, 2024 · Today, we announced our third quarter 2024 earnings where we outperformed across key metrics, moving us one step closer to a full year of profitability. Take a look at the highlights below: Monthly Active Users grew 11% Y/Y to 640 million. Subscribers increased …

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Spotify Reports Third Quarter 2024 Earnings

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Highlights From Spotify’s Q3 2024 Earnings - Ads.spotify.com

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This week, Spotify shared its third quarter 2024 earnings report. The total number of monthly active users (MAUs) increased to 640M globally (up 11% Y/Y) 1, reflecting growth across all …

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Spotify Stock Pops As Subscribers Jump - Investopedia

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Nov 12, 2024 · The Swedish audio streaming giant saw third-quarter revenue grow 19% year-over-year to 3.99 billion euros ($4.24 billion), slightly below the analyst consensus from Visible …

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Spotify (SPOT) Earnings: 3Q24 Key Numbers | AlphaStreet

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Nov 13, 2024 · Spotify Technology S.A. (NYSE: SPOT) reported total revenue of EUR3.98 billion for the third quarter of 2024, up 19% year-over-year. Net income attributable to owners of the …

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Spotify Stock Jumps After Third-Quarter Subscriber Beat

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Nov 12, 2024 · Spotify reports financial results in euros. Analysts polled by FactSet had predicted Spotify would earn $1.80 a share on sales of $4.29 billion. In the year-earlier period, Spotify …

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Spotify Stock Cracks $465 Following Strong Q3 2024 Earnings

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Nov 13, 2024 · Spotify stock jumped to a record $465 per share following the release of a strong Q3 2024 earnings report and an aggressive growth forecast. ... third quarter, when operating …

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What Date Does Spotify Technology's (SPOT) Report Earnings

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3 days ago · In the earnings report for the quarter ending in June 2024, Spotify Technology (SPOT) announced earnings of $1.43 per share versus the Zacks Consensus Estimate of …

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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 Reports First Quarter 2024 Earnings

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Apr 23, 2024 · Today, we announced our first quarter 2024 earnings. In a solid start to the year, Spotify reported… Monthly Active Users grew 19% Y/Y to 615 million.; Subscribers increased …

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Spotify Q4 2024: Revenues Up 16% As Premium Users Hit 263 Million

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3 days ago · In Spotify's Q4 2024 earnings report, revenues were up 16% as active users (MAUs) reached 675 million and premium subscribers reached 263 million. ... ($4.34 billion), as …

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Spotify Finally Turned A Profit For A Full Year | The Verge

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3 days ago · The announcement comes as part of Spotify’s fourth-quarter earnings release, with net profits at €1.14 billion (around $1.17 billion) for the whole of 2024, compared to the €532 …

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Spotify Q4 2024 Earnings: Streamer Posts First Full-Year Profit

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3 days ago · 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 …

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FAQs about Spotify Reports Third Quarter 2024 Earnings Coupon?

How did our third quarter 2024 earnings perform?

Today, we announced our third quarter 2024 earnings where we outperformed across key metrics, moving us one step closer to a full year of profitability. Take a look at the highlights below: Monthly Active Users grew 11% Y/Y to 640 million. Subscribers increased 12% Y/Y to 252 million. Total Revenue was up 19% Y/Y to €4 billion. ...

Did Spotify release financial results for 3rd quarter 2024?

Spotify Technology S.A. Releases Financial Results for Third Quarter 2024 LOS ANGELES-- (BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) has released its financial results for the third quarter of 2024 today. Please visit investors.spotify.com to view the Shareholder Deck and other supplemental materials. ...

How much did Spotify make in Q4 2024?

The announcement comes as part of Spotify’s fourth-quarter earnings release, with net profits at €1.14 billion (around $1.17 billion) for the whole of 2024, compared to the €532 million (around $549 million) in losses reported last year. Spotify said in November that it was on track to hit its profitability milestone. ...

Is Spotify still profitable in 2024?

Spotify’s revenue and new subscribers increased enough in 2024 to celebrate its first full year of profitability since the service was launched in 2008. ...

Who's on Spotify's fourth quarter 2024 earnings call & webcast?

Gustav Soderstrom - Co-President, Chief Product and Technology Officer Alex Norstrom - Co-President, Chief Business Officer Christian Luiga - Chief Financial Officer Operator Good morning and welcome to Spotify's Fourth Quarter 2024 Earnings Call and Webcast. All participants are in a listen-only mode. ...

What should investors expect from Spotify's Q3 2024 performance?

Spotify’s Q3 2024 performance reinforces its position as a leader in the streaming industry with a clear focus on profitable growth. Investors should monitor the company’s ad revenue recovery, AI-driven product innovations, and competitive landscape as key factors influencing future growth. ...