Spotify stock jumps after reporting strong user and profitability …

3 days ago · The audio giant also posted another strong quarter of subscriber gains, as churn levels remain low despite recent price increases. Spotify's stock surged in early trading as a …

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Spotify Stock Price Jumps After Reporting Record Profit In The 2nd ...

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Jul 23, 2024 · Spotify's revenue grew 20% year-over-year in the second quarter, driven by growth in its premium subscriber base and an increase in ad sales.

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Spotify Stock Jumps After Earnings Top Expectations - The Wall …

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Apr 23, 2024 · Spotify stock surged after the audio-streaming company swung to a first-quarter profit. Shares jumped over 14% to trade at around $312.90, putting the stock on track for its …

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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 Stock Rises 9% On Strong Q4 Earnings, Revised Guidance

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2 days ago · (RTTNews) - Spotify Technology S.A. (SPOT) is up by 9.37 percent during Tuesday trading after the company reported better-than-expected fourth-quarter earnings and raised its …

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Spotify's Stock Rallies After Earnings As User Growth ... - Morningstar

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Feb 6, 2024 · The company said its EUR501 million in advertising-supported revenue marked an all-time high. Spotify's gross margin of 26.7% edged out the company's guidance of 26.6%.

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Spotify Stock Sheds All Gains After Q1 Earnings, But Analysts Are ...

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Apr 24, 2024 · Spotify reported strong Q1 earnings with revenue of $3.95B, beating expectations. Analysts raise price target and predict growth in 2024.

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Spotify's Stock Pops After Streaming-Audio Giant Posts

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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.

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Spotify Stock Surges Again. What's Behind The Rally? - The Motley …

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Nov 13, 2024 · Spotify 's (SPOT 0.10%) earnings were strong once again, as the company's focus on profits and cash flow paid off. But it was the level of margin expansion that shocked …

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Why Spotify Stock Is Soaring After Q1 Earnings - Kiplinger

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Apr 23, 2024 · Spotify (SPOT) stock jumped more than 14% out of the gate Tuesday after the audio streaming and media company beat analysts' top- and bottom-line estimates for its first …

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SPOT Earnings: Spotify Stock Rises 7% On Bullish Forward …

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Nov 12, 2024 · Shares of Spotify (SPOT) rose 7% in after hours trading as the audio-streaming company forecast bullish guidance for the current fourth quarter that surpassed Wall Street …

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Is It Too Late To Buy Spotify Stock After Its Whopping 180% Gain …

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6 hours ago · The S&P 500 is in a raging bull market right now. It returned 23% over the past year, but that pales in comparison to the whopping 180% gain in Spotify Technology (SPOT …

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FAQs about Spotify stock jumps after reporting strong user and profitability … Coupon?

Why did Spotify stock jump Tuesday?

Spotify stock jumped Tuesday as the company's latest earnings breezed past expectations and delivered its highest profit ever in the second quarter. Net income was €274 million for the quarter, with earnings per share of €1.33. Total revenue jumped 20% year over year to €3.8 billion. ...

Why did Spotify stock surge?

Spotify stock surged after the audio-streaming company swung to a first-quarter profit. Shares jumped over 14% to trade at around $312.90, putting the stock on track for its highest close since March 2021. Spotify is turning 18 this quarter and “topping it off with showing we're a consistently pro ...

How did Spotify make a record profit?

The stock was up about 12% to trade at $330.07 at 10:45 a.m. ET. Spotify's record profits were driven by 12% growth in its premium subscribers and a 13% rise in its ad sales. The results outpaced analyst expectations and came months after the company embarked on efforts to improve efficiency and reduce costs. ...

How did Spotify stock perform in the last 12 months?

Spotify stock gained over 114% in the last 12 months. Investors can gain exposure to the stock via Global X Social Media ETF (NASDAQ:SOCL) and ProShares On-Demand ETF (NYSE:OND). SPOT price action: Spotify shares traded lower by 7.34% at $281.06 at the last check Wednesday. ...

How did Spotify's revenue grow in the second quarter?

Spotify's revenue grew 20% year-over-year in the second quarter, driven by growth in its premium subscriber base and an increase in ad sales. ...

Is Spotify (spot) a good stock to buy?

Spotify (SPOT) stock is turning up the volume Tuesday morning, rising into the green after reporting premium subscribers of 236 million in fourth-quarter 2023. While the streaming platform missed earnings estimates on the top and bottom lines, it forecasted positive operating income in the first quarter of 2024. ...