Spotify shares pop 13% after company reports first profitable year

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


Install CouponFollow Chrome Extension   CouponFollow Extension

13%
OFF

Spotify Shares Pop 13% After Company Reports First Profitable Year

2 weeks from now

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

cnbc.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

$1.18
OFF

Spotify Adds Record 11 Million Premium Subscribers And Posts …

2 weeks from now

3 days ago  · The music streaming giant hit 263 million paying customers in Q4 and closed 2024 with a $1.18 billion profit The post Spotify Adds Record 11 Million Premium Subscribers and …

yahoo.com

13%
OFF

Spotify Stock Surges As Streaming Giant Posts Record Profits

2 weeks from now

Jul 23, 2024  · Spotify Technology shares surged 13% in Tuesday’s pre-market session after the Swedish streaming giant posted record profits driven by successful cost-cutting measures and …

marketwatch.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

€1.14
OFF

Spotify Shares Surge On Subscriber Gains, First Annual Profit

2 weeks from now

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 …

yahoo.com

6%
OFF

Spotify Stock Price Reaches New High After First-Ever Annual Profit

2 weeks from now

2 hours ago  · Spotify led all music stocks this week with a 13.6% gain after its fourth-quarter earnings results on Tuesday (Feb. 4) showed that the company posted its first-ever net profit. …

billboard.com

13%
OFF

Why Spotify Stock Is Surging - Finbold

2 weeks from now

2 days ago  · Audio streaming giant Spotify (NYSE: SPOT) shares jumped 13% on February 4 after the company reported its first full year of profitability since its launch more than 16 years …

finbold.com

10%
OFF

Spotify CEO Calls 2024 “A Year We Really Showed What We

2 weeks from now

4 days ago  · Spotify shares are up 10% premarket on a strong fourth quarter that saw users and subscribers grow and the global music giant post a full-year profit for the first time since it …

deadline.com

19%
OFF

SPOT: Spotify Stock Soars To Record As Revenue Rises 19%, Profits …

2 weeks from now

Nov 13, 2024  · The music-streaming giant’s shares popped 8% in pre-market trading Wednesday after another bumper quarter. For the three months to September, Spotify picked up revenue …

tradingview.com

10%
OFF

Spotify Stock Surges 10% After Unexpected Profit - Forbes

2 weeks from now

Oct 24, 2023  · Swedish audio streaming giant Spotify’s share price jumped almost 10% Tuesday after a third-quarter report showed a profit of about $69 million—marking the first time Spotify …

forbes.com

$1.88
OFF

Spotify Stock Jumps As More Users Flock To Music Streamer

2 weeks from now

3 days ago  · The streaming music giant earned the equivalent of $1.88 a share on sales of $4.53 billion in the December quarter. Analysts polled by FactSet had expected earnings of $2.07 a …

investors.com

10%
OFF

Spotify Surprises With Q3 Profit, Sees 10% Stock Surge - The …

2 weeks from now

Oct 24, 2023  · Spotify surprised investors with its first quarterly profit in a year and a half, leading to a 10% increase in its stock value. The music streaming giant reported a profit of €65 million …

indiatimes.com

16%
OFF

Spotify Shares Surge As Q4 Revenue Beats, Guidance Impresses

2 weeks from now

3 days ago  · The music streaming giant posted revenue of €4.24 billion, surpassing analyst estimates of €4.14 billion and marking a 16% increase YoY. However, adjusted earnings per …

investing.com

14%
OFF

Spotify Reports Record Profits As Stock Soars - EDM.com

2 weeks from now

Jul 26, 2024  · The streaming giant recently revealed record profits on its Q2 earnings call, and now, their stock is surging. Shares ballooned at a 14% clip on the New York Stock Exchange …

edm.com

FAQs about Spotify shares pop 13% after company reports first profitable year Coupon?

Why did Spotify Technology SHARES surge 13% on Tuesday?

Spotify Technology shares surged 13% on Tuesday. Photo: Getty Images for Spotify Spotify Technology shares surged 13% on Tuesday after the Swedish streaming giant posted record profits driven by successful cost-cutting measures and strong growth in its premium subscription business. ...

Why did Spotify stock surge the most in two years?

(Bloomberg) -- Spotify Technology SA shares surged the most in almost two years after the audio-streaming giant reported it swung to a profit in the first quarter, as the company boosted subscribers and added new features. Most Read from Bloomberg ...

Did Spotify make a profit?

Swedish audio streaming giant Spotify’s share price jumped almost 10% Tuesday after a third-quarter report showed a profit of about $69 million—marking the first time Spotify posted a quarterly profit in a year and a half. Spotify logo displayed on a phone screen and headphones are seen in this illustration photo taken in ... [+] ...

Why did Spotify stock jump Tuesday?

Spotify stock jumped Tuesday as the company's latest earnings breezed past expectations and delivered its highest profit ever in the second quarter. Net income was €274 million for the quarter, with earnings per share of €1.33. Total revenue jumped 20% year over year to €3.8 billion. ...

How did Spotify's Q4 earnings affect music stocks?

Led by Spotify's 13.6% increase, the Billboard Global Music Index improved 7.7% to a record 2,635.41. potify led all music stocks this week with a 13.6% gain after its fourth-quarter earnings results on Tuesday (Feb. 4) showed that the company posted its first-ever net profit. ...

How did Spotify's revenue grow in the second quarter?

Spotify's revenue grew 20% year-over-year in the second quarter, driven by growth in its premium subscriber base and an increase in ad sales. ...

Install CouponFollow Extension on Chrome

Install the CouponFollow extension to search for discount codes when shopping the fastest!

Install CouponFollow Chrome Extension   Install CouponFollow Chrome Extension