Spotify Stock Soars. Earnings Impress Markets as It Posts First

3 days ago · The gains came after Spotify said it had added a record-equaling 11 million net premium subscribers as of Dec. 31, topping the eight million net adds analysts surveyed by …

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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.

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Spotify Shares Surge On Subscriber Gains, First Annual Profit

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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 …

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Spotify Q3 Earnings: Subscription Revenue, Operating Profit Grow

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Nov 12, 2024 · Spotify Subscription Revenue Soars in Q3, Operating Profit Hits Record High ... operating profit was a record high of 454 million euros ($500 million), exceeding guidance by …

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Spotify Stock Soars. Earnings Impress Markets As It Posts First

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The stock climbed 12% to $612.59 in early trading. The benchmark S&P 500 index was up 0.1%. The gains came after Spotify said it had added a record-equaling 11 million net premium …

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Spotify Continues To Dominate Its Industry And Is Now

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2 days ago · We’re raising our fair value estimate for Spotify to $450 from $390, implying a P/E ratio of 46 and an EV/EBITDA multiple of 34 based on our 2025 forecast.

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Spotify Stock Soars To Record High On Q3 Report - Investor's …

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Nov 13, 2024 · On the stock market today, Spotify stock popped 11.4% higher to close at 467.37. In intraday trading, it notched a record high of 473. In intraday trading, it notched a record high …

investors.com

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

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Nov 13, 2024 · Investors once again play to the tune of profits. And even if those didn’t exceed estimates, Spotify is on track to secure its first full year of profitability. Spotify stock SPOT is …

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SPOT Earnings: Spotify Soars 6% On Strong Q3 Earnings And …

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Nov 13, 2024 · Spotify’s (SPOT) stock surged over 6% in regular trading after the music streaming giant announced strong third-quarter earnings that exceeded expectations across …

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Spotify Breaks Record Financials: Rally Just Getting Started

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Jul 24, 2024 · Streaming Stock Soars on Record Financials: Rally Just Starting? Written by Gabriel ... revenue, Spotify reports an annual increase of 20% in sales to surprise Wall Street …

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Spotify Stock Soars 14% As Q2 Earnings Beat Shows Record Profits

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Jul 23, 2024 · Spotify stock lost more than two-thirds of its value in 2022, as the company faced several quarters of operating losses. In January 2023, the company announced plans to cull …

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Spotify's Stock Pops After Streaming-Audio Giant Posts Record Profit

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Jul 23, 2024 · The growth was driven in part by Spotify’s premium subscriber base, which increased 12% year-over-year to 246 million, ahead of analysts’ expectations of 245.2 million.

investopedia.com

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Spotify Subscription Revenue Soars In Q3, Setting New Milestones

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Nov 13, 2024 · After stock rose 9% in after-hours trading after reaching a record high of $419.72 earlier in the day. The stock has gained 123% in 2024, affirming investor confidence in …

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Spotify Stock Rises On Turn To Profitability - Investor's Business …

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Jan 31, 2025 · Spotify stock is in record-high territory ahead of that report, due Tuesday morning. Analysts polled by FactSet expect Spotify to earn $2.08 a share on… Related news

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Spotify Stock Up After Earnings Report On Higher Profits

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Apr 23, 2024 · Spotify’s stock jumped as much as 17.3% on Tuesday (April 23) following the company’s first-quarter earnings report showed the company is starting to deliver better profits …

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Spotify Confirms Layoffs, 6% Reduction In Workforce As

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Jan 25, 2023 · Spotify Reports Record Profits as Stock Soars Spotify's recent financial success, revealed on the streaming giant's Q2 earnings call, can be attributed in part to subscription …

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FAQs about Spotify Stock Soars. Earnings Impress Markets as It Posts First Coupon?

Why is Spotify's stock up?

Spotify’s stock is up after its earnings report showed higher profits expectations as well as a higher forecast for margins. ...

How did Spotify's share price go up after earnings?

The results sent Spotify’s share price price soaring in after-hours trading. Following the earnings release after markets closed, Spotify shares jumped over 9% to $459. Before trading closed, the stock hit an all-time high of $419.72 and posted its best-ever closing price of $419.48, up 2.3%. ...

Is Spotify aiming for the stars?

Record-breaking user growth and Spotify's first full-year profit since its 2008 inception were the results of its impressive Q4 performance. The CEO is indeed aiming for the stars! The Stockholm-based music streaming giant, Spotify, reported a significant surge in its fourth-quarter earnings for 2024. ...

Is Spotify CEO aiming for the stars?

The CEO is indeed aiming for the stars! The Stockholm-based music streaming giant, Spotify, reported a significant surge in its fourth-quarter earnings for 2024. The number of regular users on the platform increased by a record-breaking 35 million, 10 million more than anticipated. ...

How much money did Spotify make a year?

Although revenue was slightly below Spotify’s previous guidance of 4 billion euros ($4.4 billion), operating profit was a record high of 454 million euros ($500 million), exceeding guidance by 12%. ...