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Spotify posts 1st full-year profit ever
Spotify Posts First Full-Year Profit for 2024, CEO Says Streamer Will ‘Double Down' on Music in 2025
Spotify hit all the right notes in reporting Q4 and full-year 2024 earnings, with the audio streamer turning in its first annual net profit since it was founded in 2006. Shares of Spotify surged more than 11% on the solid earnings report in early trading Tuesday.
Spotify Adds Record 11 Million Premium Subscribers and Posts First Annual Profit
Spotify matched its best quarter ever for subscriber growth during the fourth quarter of 2024, the music streaming giant reported on Tuesday
Spotify Shares Surge on Subscriber Gains, First Annual Profit
Spotify Technology SA posted another quarter of better-than-expected subscriber growth in the fourth quarter, helping the Swedish music company record its first-ever annual profit.
2h
on MSN
Spotify finally turned a profit for a full year
Revenue has surged following increases to Spotify’s Premium pricing, and subscriber numbers are up too.
6h
Spotify predicts strong quarter after cost cuts power first annual profit
Spotify Technology reported its first annual profit on Tuesday and forecast quarterly earnings above Wall Street estimates, ...
31m
1SPOT : Spotify Is Still One Of Top 4 Best Ideas For 2025: Analyst
Spotify reported strong quarterly earnings. Analysts predict a positive market reaction with solid user and subscriber growth ...
1h
Spotify reports first annual profit as premium subscriber numbers surge
Annual revenue jumped 16 per cent to €4.2bn as the company increased paying subscribers by 11 per cent to 263mn. Record growth in premium customers helped increase revenue per user by 5 per cent to €4 ...
6h
on MSN
Spotify CEO Daniel Ek Calls 2024 “A Year We Really Showed What We Are Capable Of” As Q4 Sings, Stock Pops
Spotify shares are up 10% premarket on a strong fourth quarter that saw users and subscribers grow and the global music giant ...
6h
Spotify Adds Highest-Ever 35 Million Monthly Users In Fourth Quarter
In Spotify's Q4 2024 earnings report, revenues were up 16% as active users (MAUs) reached 675 million and premium subscribers ...
4h
on MSN
Why Spotify (SPOT) could be a safe bet in an economic slowdown
Spotify turned a profit for its fiscal fourth quarter on Tuesday. Nancy Tengler dubs SPOT a recession-proof stock for 2025.
Music Ally
5h
Spotify reports a €1.37bn operating profit for 2024
Spotify ended 2024 with 675 million monthly active users, including 263 million subscribers, according to its latest ...
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