Spotify Reports Third Quarter 2024 Earnings
2 days ago · November 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 12% Y/Y to 252 million. Total Revenue was up 19% Y/Y to €4 billion.
Spotify Q3 Earnings: 252 Million Premium Subs, Revenue Climbs …
2 days ago · Operating income came in at a record €454 million, with gross margin of 31.1% versus 26.4% in the year-earlier period. Spotify gained 14 million total monthly active users (free and paid) to ...
Spotify Technology SA (SPOT) Q3 2024 Earnings Call Highlights: …
1 day ago · In This Article: Monthly Active Users (MAU): Increased by 14 million to 640 million. Net Subscribers: Added 6 million, reaching a total of 252 million. Total Revenue: Grew 21% year on year on a ...
Spotify’s Q3 Profit Quadruples as Streamer Tops 250 Million …
2 days ago · Here are the top-line results: Revenue: €4 billion, or about $4.25 billion, which represented a 19% year-over-year increase.Spotify’s Q3 revenue came in below an estimate of €4.37 billion in ...
Spotify Q3 Profit Jumps, Driven By Premium Revenue; Stock …
1 day ago · Spotify shares were more than 7 percent up in pre-market. Net profit for the third quarter increased to 300 million euros or 1.45 euros per share from 65 million euros or 0.33 euros per share in ...
Spotify Achieves Record Profitability in Q3 2024 - Markets Insider
2 days ago · Nov. 12, 2024, 03:37 PM. Spotify Technology SA (SPOT) has released an update. Spotify Technology SA reported a robust Q3 2024 performance with total revenue reaching €3.988 billion, marking a 19 ...
Spotify Adds Subscribers As Q3 Revenue Grows, Stock Pops
2 days ago · The company has become a bit of a Wall Street darling recently with a number of analysts recently upping estimates and stock price targets ahead of the quarterly numbers. Revenue was in line and ...
Spotify Technology S.A. (SPOT) Q3 2024 Earnings Call Transcript
1 day ago · Spotify Technology S.A. (NYSE:SPOT) Q3 2024 Earnings Call Transcript November 12, 2024 5:00 PM ETCompany Participants. Bryan Goldberg - Head of IR Daniel Ek - CEO Christian Luiga - CFO. Operator ...
Spotify Hits 252 Million Paid Subscribers, On Track For Profitability
2 days ago · November 12, 2024 1:30pm. Spotify CEO Daniel Ek Courtesy of Spotify. Monthly active users at Spotify rose 11 percent year-over-year to reach 640 million in the third quarter, while total paid ...
Spotify Reports Third Quarter 2023 Earnings
Oct 24, 2023 · Today, we announced our third quarter 2023 performance. The business delivered strong results in Q3 as all of our key indicators exceeded guidance and we returned to profitability. Monthly Active Users were up 26% to 574 million and 2 million ahead of guidance.