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Spotify shares pop 10% after company reports first profitable year
SPOTSpotify(SPOT) CNBC·2025-02-04 15:38

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 ...