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Spotify hit all the right notes in reporting Q4 and full-year 2024 earnings, with the audio streamer turning in its first annual net profit since it was founded in 2006. Shares of Spotify surged ...
Good morning, and welcome to Spotify's fourth-quarter 2024 earnings call and webcast ... It was our highest Q4 ever for MAU additions and our second highest of all time. We also had record ...
Most analysts had estimated Spotify would add around 8 million premium subscribers during Q4 Monthly Active Users ... 10 billion to the music industry in 2024, The music streamer estimates ...
Subscribers: 263 million, with 11 million net additions. Spotify Technology SA (NYSE:SPOT) reported its highest Q4 ever for Monthly Active User (MAU) additions and record high subscriber additions.
Spotify's profitability also expanded nicely in 2024, with gross margin hitting 32.2% in Q4, a 113 basis point improvement from 31.1% in Q4 2023. According to management commentary, the gross ...
Spotify stock jumped as Q4 revenue beat estimates ... Spotify paid $10 billion to the music industry in 2024, contributing ~$60 billion since its founding. The premium subscribers rose to 252 ...
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This, coupled with Spotify's robust Q4 2024 financial results, where the company reported net income of EUR 367 million, contrasts the volatile market environment marked by declines in major tech ...
including the highest-ever Q4 MAU additions and record revenue, gross margin, operating income, and free cash flow. He emphasized 2024 as Spotify’s first full year of profitability and declared ...
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