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Spotify Q3 Profit Jumps, Driven By Premium Revenue
Spotify Stock Jumps 15%, Live Nation Shares Also Gain After Q3 Earnings
Spotify stock was up 15% and Live Nation shares also increased on Q3 earnings for both companies. The Billboard Global Music Index is up 5.8% overall.
Spotify Adds Subscribers As Q3 Revenue Grows, Stock Pops
Music streaming giant Spotify grew monthly active users and premium subscribers last quarter, beating forecasts on both of those and other metrics as the stock rose more than 9% after the numbers before settling slightly to well over $450.
Spotify Q3 Profit Jumps, Driven By Premium Revenue; Stock Climbs In Pre-market
(RTTNews) - Audio streaming service provider
Spotify
Technology S.A. (SPOT) Wednesday reported significantly higher profit for the third quarter driven by growth in premium revenue.
Spotify
shares were more than 7 percent up in pre-market. Net profit for ...
2d
on MSN
Spotify teases a ‘super premium’ tier for superfans and upcoming video expansion in Q3 earnings call
Spotify CEO Daniel Ek has once again teased the company's long-delayed HiFi or "super premium" tier, a higher-qualify ...
3d
on MSN
Spotify Tops Q3 Forecasts, Reaches 252 Million Premium Subscribers as Revenue Climbs 19%
Spotify cranked up the volume with another strong quarter, packing on 6 million paying subscribers globally in Q3 2024.
Spotify
8h
Daniel Ek just cashed out $35.8 million in Spotify shares. But that’s nothing compared to his co-founder… who just cashed out $383.8 million.
Spotify’s share price is flying. Following the firm’s announcement of its Q3 2024 results on Tuesday (November 12), SPOT’s ...
3d
on MSN
Spotify’s Q3 Profit Quadruples as Streamer Tops 250 Million Subscribers
Spotify's profit more than quadrupled during the third quarter, the music streaming heavyweight reported on Tuesday ...
2d
Spotify: This Rally Will Crumble
Spotify's Q3 results showed user growth exceeding expectations but revenue missed forecasts, raising concerns about its ...
Business Insider
3d
Spotify’s Q3 Performance: Cautious Hold Rating Amid Mixed Financial Outcomes and Margin Improvements
The associated price target is $416.00. Doug Creutz has given his Hold rating due to a combination of factors arising from
Spotify
’s
Q3
performance. The company reported user numbers that aligned ...
Spotify
3d
Spotify cruises past quarter-of-a-billion subscribers, as it eyes $1.5bn annual operating profit in 2024
Spotify is on course to achieve its first-ever full year as a profitable company – to the tune of USD $1.5 billion. The ...
3d
Spotify Q3: Strong Subscriber Growth And Margin Improvement
Spotify's Q3 results and new features signal strong growth. Learn why SPOT stock is a buy with a $500 price target and a ...
1d
Years later, Spotify still says it's working on 'Super Premium' with lossless audio
According to the company's CEO on a recent earnings call, Spotify is still working on delivering lossless audio. Unlike the ...
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