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Spotify reports first annual profit

Price increases and cost discipline helped the audiostreaming giant pivot from heavy spending on growth to sustained profits.

The Verge on MSN · 23h

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.

Bloomberg on MSN · 1d

Spotify Shares Surge on Subscriber Gains, First Annual Profit

Spotify Technology SA posted another quarter of better-than-expected subscriber growth, with the Swedish music company recording its first-ever annual profit.

Q4, Spotify

Business Insider · 1d

Spotify Technology S.A. Q4 Earnings Summary

Below are the earnings highlights for Spotify Technology S.A. (SPOT): Earnings: EUR367 million in Q4 vs. -EUR70 million in the same

Houston Chronicle · 1d

Spotify: Q4 Earnings Snapshot

The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.92 per share. The music-streaming service operator posted revenue of $4.53 billion in the period, surpassing Street forecasts.

Zacks.com on MSN · 1d

Spotify (SPOT) Q4 Earnings Miss Estimates

Spotify (SPOT) came out with quarterly earnings of $1.88 per share, missing the Zacks Consensus Estimate of $1.92 per share. This compares to loss of $0.39 per share a year ago. These figures are adjusted for non-recurring items.

Spotify, Music Publishers

Variety on MSN · 1d

Music Publishers Begin ‘Extensive' Spotify Podcast Takedowns Over Licensing Violations

Just hours after Spotify announced its first-ever annual net profit, the National Music Publishers' Association has launched an ongoing takedown initiative against the streaming giant for the unlicensed use of music in podcasts on its platform.

The Wall Street Journal on MSN · 23h

Music Publishers Ask Spotify to Take Down Podcasts Featuring Unlicensed Songs

Music publishers are asking Spotify to remove thousands of unlicensed songs from podcasts on its platform, a massive takedown request spanning work by megastars from Taylor Swift and Kendrick Lamar to Michael Jackson and Prince.

Billboard · 1d

NMPA Issues 2,500 Podcast Takedown Actions Against Spotify, Claiming Infringement of Songs

The NMPA will issue takedown notices to Spotify for 2,500 podcast episodes that allegedly contain "unlicensed musical works" from member publishers.

7hon MSN

Daniel Ek says Spotify’s new CFO, a former defense exec, is ditching his suits for t-shirts as streaming giant breaks fresh records

The streaming giant closed out its first full year of profitability in 2024 while growing listeners to a new record. Just ...

23hon MSN

Spotify reports its first full year of profitability, adds 35M monthly active users

Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago.

These Analysts Increase Their Forecasts On Spotify After Q4 Results

Spotify reported quarterly earnings of $1.88 per share, which missed the analyst consensus estimate of $2.06 per share. The ...

Spotify expected to report strong Q4 earnings as analysts look ahead to 'multiple catalysts on the horizon'

In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...

Spotify downgraded at Rosenblatt as revenue growth gets set to decelerate

As previously reported, Rosenblatt downgraded Spotify (SPOT) to Neutral from Buy with a price target of $658, up from $473. Shares have risen ...

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 ...

20h

Beyoncé’s Grammy Triumph Leads To A 940% Spotify Spike

Five of the songs on Beyoncé's Cowboy Carter experienced gains on Spotify of at least 750% in terms of number of streams ...

Spotify price target raised to $675 from $600 at KeyBanc

KeyBanc analyst Justin Patterson raised the firm’s price target on Spotify (SPOT) to $675 from $600 and keeps an Overweight rating on the ...

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