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SPOT / Spotify Q3 earnings beats estimates, raises 2024 outlook

Spotify Q3 earnings beats estimates, raises 2024 outlook
Spotify (SPOT) stock pops in early trading on Tuesday after reporting a profitable third quarter, topping margins — reported 26.4% — and subscriber — 574 million monthly active users — estimates. Yahoo Finance Senior Reporter Alexandra Canal joins the Live show to break down Spotify's earnings call, quoting Spotify CFO Paul Vogel's belief that the music streamer is "[feeling] good that we're on a different trajectory. Read More
Posted: Oct 24 2023, 10:35
Author Name: Yahoo Finance
Views: 110821

SPOT News  

Spotify electrifies on its metrics. Time to buy?

By MarketBeat
November 1, 2023

Spotify electrifies on its metrics. Time to buy?

Global streaming audio platform Spotify Technology SA NASDAQ: SPOT had an impressive third quarter of 2023. Its metrics have improved, and the integra more_horizontal

Spotify: Focus On Profitability Makes Me Positive

By Seeking Alpha
October 31, 2023

Spotify: Focus On Profitability Makes Me Positive

Spotify's growing exposure to podcasting and advertising could improve its profitability in the long term. The company is focusing on cost control and more_horizontal

Spotify's New Royalty Model Contends With The Age Of Musical Overabundance

By Forbes
October 26, 2023

Spotify's New Royalty Model Contends With The Age Of Musical Overabundance

Spotify intends to make major changes to its royalty payout model starting next year to favor professional musicians. more_horizontal

Spotify's momentum to continue into 4Q as full impact of price increases is realized

By Proactive Investors
October 25, 2023

Spotify's momentum to continue into 4Q as full impact of price increases is realized

Spotify Technology SA (NYSE:SPOT) has reached an inflection point after returning to operating income profitability in the third quarter, analysts at more_horizontal

Spotify boss backs UK law in fight against Apple supremacy

By Proactive Investors
October 25, 2023

Spotify boss backs UK law in fight against Apple supremacy

Spotify Technology SA (NYSE:SPOT) boss and founder Daniel Elk believes Apple is unfairly dominating markets like the App Store, a view he claims is sh more_horizontal

Spotify Strikes Profit Chord With AI and Price Hikes

By PYMNTS
October 24, 2023

Spotify Strikes Profit Chord With AI and Price Hikes

In February, Spotify dropped the beat with its artificial intelligence (AI) DJ — a personalized guide so in tune with the Spotify user and their mus more_horizontal

Spotify Shares Surge After Posting a Surprise Profit on Higher Prices and Cost Cuts

By Investopedia
October 24, 2023

Spotify Shares Surge After Posting a Surprise Profit on Higher Prices and Cost Cuts

Shares of Spotify Technologies (SPOT) soared over 9% on Tuesday as the music streaming service posted its first profit in a year and a half on higher more_horizontal

Spotify price increases rarely impact subscriber churn, says Spotify CFO Paul Vogel

By CNBC Television
October 24, 2023

Spotify price increases rarely impact subscriber churn, says Spotify CFO Paul Vogel

Paul Vogel, Spotify chief financial officer, joins 'Squawk on the Street' to discuss the company and surprise profit gain. more_horizontal


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