Spotify (NYSE: SPOT) has grown its business primarily on premium music subscriptions, which have grown to hundreds of millions of users. To scale up further, the company needs a new growth driver, and it may have found it with audiobooks. In this video, Travis Hoium explains how this could drive listening ...
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Spotify Technology (NYSE: SPOT) reported terrific earnings, growing its revenue 20% year over year, posting its third straight quarter of positive operating profits, and returning to net profitability as well. The company also added 3 million paying subscribers during the quarter, or roughly 1 million ...
motleyfoolusx:spot
Spotify Technology (NYSE: SPOT) reported terrific earnings last week, growing paying subscribers 14%, monthly active users 19%, and revenue 20% year over year. Spotify even flipped from a year-ago loss to a $1.05-per-share profit in the first quarter of 2024. On Wednesday, Deutsche Bank urged investors ...
motleyfoolusx:spot
Spotify Technology (NYSE: SPOT) reported strong earnings last week. Paying subscribers increased by 14%, monthly active users rose 19%, and revenue gained 20% year over year. Perhaps best of all, Spotify reported an operating profit for the quarter -- only 4.6%, but still better than last year's negative ...
motleyfoolusx:spot
Spotify Technology (NYSE: SPOT) investors had a terrific Tuesday, when a powerful first-quarter report helped to push the stock up 11%. It didn't last. On Wednesday, shares of the streaming music company slid by more than 7%, giving back more than half the gains they had gotten out of that upbeat earnings ...
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Spotify Technology S.A. (NYSE: SPOT) reported first quarter 2024 earnings results today. Total revenue increased 20% year-over-year to EUR3.63 billion. Net income attributable to owners of the parent was EUR197 million, or EUR0.97 per share, compared to a loss of EUR225 million, or EUR1.16 per share, ...
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Spotify (NYSE: SPOT) reports earnings before the market opens on Tuesday and results could have a huge impact on shares. After strong momentum in 2023, Travis Hoium covers what to look for in 2024 in the video below. *Stock prices used were end-of-day prices of April 22, 2024. The video was published ...
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Last year was a big one for the music industry. The global recorded music market grew 10.2% in 2023 to reach $28.6 billion, according to IFPI, which represents the recording industry. That's up from the 9% boost the industry experienced the previous year. Unsurprisingly in this digital age, the bulk ...
motleyfoolusx:spot
Getting to the point where I’m earning a big tax-free second income from my portfolio is going to take time. That’s because the Stocks and Shares ISA contribution limit is currently £20,000 a year. So even if I maxed this out, my yearly passive income stream would be £1,200 from a 6%-yielding portfolio. ...
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