Wall Street analysts rerated Spotify Technology S.A. SPOT after it reported upbeat quarterly print Tuesday amid an exciting earnings season.Spotify reported quarterly earnings of $1.88 per share, below the analyst estimate of $2.06. The company reported quarterly sales of $4.53 billion (4.24 billion euros), up by 16%, topping the consensus estimate of $4.15 billion.Also Read: Mastercard Q4 Earnings: Revenue And EPS Beat, Strong Growth In Payments and Cross-Border TransactionsThe company reported monthly ave ...

Here's our initial take on Spotify's (SPOT 10.11%) fourth-quarter financial report.Key MetricsMetricQ4 2023Q4 2024Changevs. ExpectationsRevenue3.67 billion euros4.24 billion euros+16%BeatEarnings per share(0.36 euros)1.76 eurosN/AMissPremium subscribers236 million263 million+11%n/aFree cash flow396 million euros877 million euros+121%n/aCapping an Incredible YearSpotify turned its attention to profits and free cash flow in 2024, and boy did it deliver. Through a combination of price increases and cost cuttin ...

Spotify's Co-founder and CEO Daniel Ek attends a live recording panel at Acquired, a technology podcast, at the Chase Center in San Francisco, California, U.S., Sept. 10, 2024.Spotify shares climbed 10% Tuesday after the music streaming company recorded its first full year of profitability, closing the fiscal year with 1.14 billion euros in net income.Here are the numbers from their fourth-quarter earnings report:Revenue: 4.24 billion euros vs. 4.19 billion euros expected by LSEGEarnings per share: 1.76 eur ...

For the quarter ended December 2024, Spotify (SPOT) reported revenue of $4.53 billion, up 14.5% over the same period last year. EPS came in at $1.88, compared to -$0.39 in the year-ago quarter.The reported revenue represents a surprise of +3.81% over the Zacks Consensus Estimate of $4.36 billion. With the consensus EPS estimate being $1.92, the EPS surprise was -2.08%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

On Tuesday morning, Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago. The operating income for the quarter reached a record €477 million ($509.48 million) and amounted to €1.4 billion ($1.495 billion) for the 2024 fiscal year.Spotify also reported an addition of 35 million monthly active users (MAUs), the largest Q4 net addition in the company’s history, surpassing internal projections of 25 million. This increase brings the total t ...

Spotify (SPOT) shares are jumping around 8% in premarket trading Tuesday, after the Swedish audio streaming giant posted its first full-year profit and quarterly revenue that beat estimates. “Spotify hit some huge milestones, including our first full year of profitability,” Chief Executive Officer Daniel Ek said in a post on X. Spotify, which had been cutting costs in recent years, said fourth-quarter revenue jumped 16% year-over-year to 4.24 billion euros ($4.38 billion). That exceeded the 4.16 billion eu ...

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.This quarterly report represents an earnings surprise of -2.08%. A quarter ago, it was expected that this music-streaming service operator would post earnings of $1.75 per share when it actually produced earnings of $1.59, delivering a surprise of -9.14%.Over the last four quarters, ...

Q4 2024 Update February 4th, 2025 Table of Contents | Executive Summary | p.03 | | --- | --- | | Key Highlights | p.04 | | Financial Summary | p.06 | | MAUs & Subscribers | p.13 | | Product & Platform | p.16 | | Outlook | p.21 | Financial Statements p.24 2 Executive Summary | USER & FINANCIAL SUMMARY | Q4 2023 | Q3 2024 | Q4 2024 | Y/Y | Q/Q | | --- | --- | --- | --- | --- | --- | | USERS (M) | | | | | | | Total Monthly Active Users ("MAUs") | 602 | 640 | 675 | 12% | 5% | | Premium Subscribers | 236 | 252 | ...

Music streaming name Spotify Technology SA (NYSE:SPOT) is preparing for its latest quarterly earnings report, due out before the open Tuesday, February 4. The stock has a bright earnings history, finishing its last five post-earnings sessions higher and closing only one next-day session lower over the past two years. The stock has already been outperforming on the charts recently, too, hitting a record high of $560.36 just last session before turning lower. Today, the shares were last seen up 0.4% at $550.5 ...