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Spotify shares tumbled in premarket trading Tuesday after the Swedish audio streaming giant posted first-quarter profit that badly undershot estimates.
Spotify added about five million paid users but fell short of forecasted operating income during Q1 2025. Meanwhile, execs seem to have changed their tune about the Super-Premium tier’s release ...
Spotify officially claims it was started because its founders ‘love music and piracy was killing it’. But a new book argues ...
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Spotify posts record profit in first quarterMusic streaming giant Spotify on Tuesday reported a 12-percent rise in paying subscribers in the first quarter to 268 million, along with a record operating profit. "The underlying data at the moment ...
Spotify reported its first quarter earnings on Tuesday, following its first year as a profitable company in 2024. Read more here: ...
The increased demand amid heightened macroeconomic jitters shows listeners "stay with us even when things feel more uncertain," CEO Daniel Ek says. By Elizabeth Dilts Marshall Spotify’s first ...
Spotify Technology shares tumbled on Tuesday after the streaming company gave a muted outlook for profit and subscriber growth in the current quarter. The Stockholm-based company forecast gross ...
Spotify’s operating income doubled to €509 million — a record high, but short of its €548 million forecast. The company’s net profit came in at €225 million, up 14% from €197 million ...
(Reuters) - Spotify forecast second-quarter profit below market estimates on Tuesday due to employee salary-related taxes, taking the shine off its strong subscriber growth and sending the shares ...
Music streaming giant Spotify on Tuesday reported a 12-percent rise in paying subscribers in the first quarter to 268 million, along with a record operating profit. "The underlying data at the ...
Spotify took 76 million euros ($86.47 million) in charges in the first quarter, offsetting lower marketing costs and weighing on its operating profit of 509 million euros, which was below ...
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