Spotify packed on more users than it expected in Q1 but revenue fell short of its guidance, which the company blamed on headwinds in its advertising business. For the first quarter of 2023, the ...
Spotify's Q1 revenue jumps 20% to 3.64 billion euros, surpassing expectations; EPS of 97 cents. Despite organizational changes, Spotify sees ad-supported MAUs grow 22% Y/Y; Premium subscribers up 14% ...
Spotify reeled in fewer new users overall than it expected in the first quarter of 2024, but the audio-streaming giant touted “record strength” in profitability. Total monthly active users (free and ...
Spotify ($SPOT) will raise its U.S. subscription prices in the first quarter of 2026. The move, reported by the Financial Times, comes as the ...
Keybanc analyst Justin Patterson maintained Spotify Technology SA (NYSE:SPOT) with an Overweight rating and raised the price target from $300 to $350. Spotify will report its first-quarter fiscal 2024 ...
The hike, which is in Spotify’s biggest market, is largely intended to show sustained profitability at the music streaming giant, the report said. It will be Spotify’s first U.S. price hike since July ...
Despite missing its first quarter expectations on Tuesday, Spotify SPOT stock has risen +3% since its Q1 report to over $600 a share. That said, investors may be wondering if the rally in the music ...
The audio streamer’s monthly average user base grew 19% in Q1, to 422 million, representing a net gain of 16 million in the period. Spotify exceeded expectations on MAU growth even excluding a ...
Good morning. My name is Julian and I will be a conference operator today. At this time, I would like to welcome everyone to Spotify's First Quarter 2023 Earnings Call. [Operator Instructions]. I ...
Spotify reported results for the first quarter of 2021 in line with expectations, with total revenue up 16% — helped by 46% uptick in ad sales. The streaming audio giant also said podcast listening ...