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Spotify posts 1st full-year profit ever

TheWrap on MSN · 1d

Spotify Adds Record 11 Million Premium Subscribers and Posts First Annual Profit

Spotify matched its best quarter ever for subscriber growth during the fourth quarter of 2024, the music streaming giant reported on Tuesday

Reuters on MSN · 1d

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.

Axios on MSN · 1d

Spotify posts first full-year profit ever

Axios Visuals After 18 years, Spotify's business has caught up to its global popularity. Why it matters: With its first full year of profitability under its belt, the company now has the capital and momentum to focus on "accelerated execution,

1d

Spotify Adds Highest-Ever 35 Million Monthly Users In Fourth Quarter

In Spotify's Q4 2024 earnings report, revenues were up 16% as active users (MAUs) reached 675 million and premium subscribers ...

22h

Spotify Is Still One Of Top 4 Best Ideas For 2025: Analyst

Wall Street analysts rerated Spotify Technology S.A. (NYSE:SPOT) after it reported upbeat quarterly print Tuesday amid an ...

8d

Spotify paid out $10 billion to music industry in 2024

In a new open letter, Spotify have revealed they paid out $10 billion to the music industry in 2024 which is a billion more ...

1d

Spotify swings to a profit as subscribers top estimates

Spotify Technology S.A. reported a fourth-quarter profit as the music streaming service’s monthly active users climbed by ...

1d

Spotify Surges to 675 Million Users, First Annual Profit

Spotify earned an operating income of €477 million on revenues of €4.2 billion in the quarter ending December 31, 2024.

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