Spotify predicts strong quarter after cost cuts power first annual profit
Spotify Technology reported its first annual profit on Tuesday and forecast quarterly earnings above Wall Street estimates, as the Swedish audio-streaming giant benefits from strong user growth, price hikes and a cost-cutting drive.
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Spotify shares climbed 10% after the music streaming company recorded its first full year of profitability. The company said ...
In the most recent quarter, Spotify said its gross margin increased to 31.1% from the prior year's 26.4%. Wall Street is ...
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The National Music Publishers’ Assn. has launched takedowns against Spotify for the unlicensed use of music in podcasts.
1. Open the Spotify app and tap on your profile picture in the upper left corner. 2. Tap the gear icon to open the Settings ...
The streaming giant closed out its first full year of profitability in 2024 while growing listeners to a new record. Just ...
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