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Spotify shares pop on better-than-expected profit forecast
SPOTSpotify(SPOT) CNBC·2024-11-12 22:22

The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023.Spotify shares rose in extended trading on Tuesday after the music streaming company issued a profit forecast for the fourth quarter that topped estimates.Here's how the company did, compared to what analysts expected:Earnings per share: 1.45 euros vs. 1.72 euros expected by LSEGRevenue: 3.99 billion euros vs. 4.02 billion euros expected by LSEGMonthly active users (MAUs): 640 million vs. 639 million expect ...