spotify profit - Search News

Spotify swings to a profit

The Verge on MSN · 3h

Spotify finally turned a profit for a full year

Revenue has surged following increases to Spotify’s Premium pricing, and subscriber numbers are up too.

MarketWatch on MSN · 2h

Spotify swings to a profit as subscribers top estimates

Spotify Technology S.A. reported a fourth-quarter profit as the music streaming service’s monthly active users climbed by double-digits over the year-ago period, sending shares of the company up sharply higher in premarket trading.

Spotify turned a profit for the first time in 2024

Spotify reportedly posted a quarterly profit of about €367 million (about $380 million) last quarter, a massive jump from a net loss of €70 million the year before (per TheWrap). That contributed to a total annual profit of €1.14 billion (about $1.18 billion) for the year.

Spotify Hits 1st Full-Year Profit, Adds 35M Users

Billboard · 6h

Spotify Adds Highest-Ever 35 Million Monthly Users In Fourth Quarter

In Spotify's Q4 2024 earnings report, revenues were up 16% as active users (MAUs) reached 675 million and premium subscribers reached 263 million.

TechCrunch on MSN · 4h

Spotify reports its first full year of profitability, adds 35M monthly active users

Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago. The operating income for the quarter reached a record €477 million ($509.48 million) and amounted to €1.

Hollywood Reporter on MSN · 6h

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

Spotify reported its first full-year profit Tuesday, and an additional 35 million monthly active users. The audio giant reported 675 million monthly active users, the largest fourth-quarter increase in Spotify's history,

6h

Spotify predicts strong quarter after cost cuts power first annual profit

Spotify Technology reported its first annual profit on Tuesday and forecast quarterly earnings above Wall Street estimates, ...

47m

1SPOT : Spotify Is Still One Of Top 4 Best Ideas For 2025: Analyst

Spotify reported strong quarterly earnings. Analysts predict a positive market reaction with solid user and subscriber growth ...

6hon MSN

Spotify CEO Daniel Ek Calls 2024 “A Year We Really Showed What We Are Capable Of” As Q4 Sings, Stock Pops

Spotify shares are up 10% premarket on a strong fourth quarter that saw users and subscribers grow and the global music giant ...

5hon MSN

Why Spotify (SPOT) could be a safe bet in an economic slowdown

Spotify turned a profit for its fiscal fourth quarter on Tuesday. Nancy Tengler dubs SPOT a recession-proof stock for 2025.

Spotify reports a €1.37bn operating profit for 2024

Spotify ended 2024 with 675 million monthly active users, including 263 million subscribers, according to its latest ...

4h

Spotify rises 12.5%

Spotify (SPOT) is up 12.5%, or $68.44 to $617.52.Maximize Your Portfolio with Data Driven Insights:Leverage the power of TipRanks' Smart Score, ...

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