Spotify Reports Third Quarter 2024 Earnings
1 day 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 …
1 day 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’s Q3 Profit Quadruples as Streamer Tops 250 Million …
1 day 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 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 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 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 Technology S.A. Releases Financial Results for Third …
1 day ago · Spotify Technology S.A. (NYSE: SPOT) has released its financial results for the third quarter of 2024 today. ... Tuesday, November 12, 2024 Time: 5:00 p.m. Eastern Time Q3 2024 Update: https ...
Spotify's Q3 Profit Quadruples as It Tops 250 Million Subscribers
1 day ago · Spotify’s stock jumped 9% on the news in after-hours trading. ... ($318.72 million), which shot up 361% from Q3 2023, when Spotify reported 65 million euros in net income.
Spotify Stock Pops as Subscribers Jump - Investopedia
1 day ago · Spotify's Results Come After Price Increases. The results come after Spotify raised the price for individual Premium subscriptions to $11.99 per month from $10.99 in July. The Duo plan increased ...
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.