Spotify Reports First Quarterly Operating Profit, Reaches 96 Million Paid Subscribers [Forbes]
Spotify Technology S.A. Ordinary Shares (SPOT)
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am
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Source: Forbes
Spotify Reports First Quarterly Operating Profit, Reaches 96 Million Paid Subscribers London, UK - July 31, 2018: The buttons of the music streaming app Spotify, surrounded by Podcasts, Apple Music, Facebook and other apps on the screen of an iPhone. Getty Spotify, the popular Swedish paid music-streaming service, released $227 to $409 million) Spotify showed growth among its users in Q4, expanding to 207 million monthly active users (up 8 percent from 191 million in Q3). Spotify attributed the growth to improved retention rates and expansion in Latin America and other emerging markets. Premium subscribers reached 96 million — an increase of 11 percent from 87 million in Q3 — largely credited to the success of Spotify’s Google Home promotion and annual Holiday campaign, Spotify Wrapped. Spotify Wrapped brought in 28 million users in one week and generated over five billion streams of the “Your Top Songs 2018” playlist, the company said. Engagement also grew across both ad-supported an
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News
- Spotify CEO says layoffs brought 'more' disruption than expected but were 'right strategic decision' [FOX Business Network]FOX Business Network
- Spotify Technology S.A. (NYSE: SPOT) had its price target raised by analysts at Guggenheim from $290.00 to $350.00. They now have a "buy" rating on the stock.MarketBeat
- Spotify Technology S.A. (NYSE: SPOT) had its price target raised by analysts at HSBC Holdings plc from $310.00 to $355.00. They now have a "buy" rating on the stock.MarketBeat
- Spotify Technology S.A. (NYSE: SPOT) had its price target raised by analysts at Bank of America Co. from $315.00 to $370.00. They now have a "buy" rating on the stock.MarketBeat
- Spotify Technology S.A. (NYSE: SPOT) had its price target raised by analysts at Barclays PLC from $335.00 to $350.00. They now have an "overweight" rating on the stock.MarketBeat
SPOT
Earnings
- 4/23/24 - Beat
SPOT
Sec Filings
- 4/25/24 - Form 144
- 4/25/24 - Form 144
- 4/24/24 - Form 144
- SPOT's page on the SEC website