Key Points Spotify continues to build on its successes and control costs; Q4 metrics set several new records. Guidance for 2024 is optimistic and includes significant margin improvement. Analysts are driving the stock higher and may lead it to retest its all-time highs in 2024. 5 stocks we like better than Spotify Technology Spotify Technology's NYSE: SPOT shares rallied solidly in 2023, and the rally is gaining momentum in 2024. The Q4 results reveal most metrics trending at or near record levels and looki ...

Spotify (SPOT) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $1.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -387.50%. A quarter ago, it was expected that this music-streaming service operator would post a loss of $0.21 per share when it actually produced earnings of $0.36, delivering a surprise of 271.43%. Over the last four quarters, ...

Spotify‘s losses narrowed and sales rose with user and subscribers additions beating expectations in a strong fourth quarter. The company has shed staff and others costs and sees “revenue and profitability trends both inflecting favorably heading into 2024.” The stock is up more than 6% in pre-market trading on the numbers. Monthly active users exceeded guidance, growing 23% year-on-year to 602 million, adding 28 million new users. Premium subscribers rose 15% year-on-year to 236 million, adding 10 million. ...

Spotify Technology SA (NYSE:SPOT) shares rallied around 3.5% to €213 after its operating loss for the fourth quarter was narrower than the company’s guidance had initially forecast. Operating losses reached €75 million for the last three months of 2023, building on 2022’s €231 million loss. A one-off €143 million hit during the quarter was due to “real estate optimisation” and severance pay for some of the 2,300 jobs it axed during the year. Spotify said without this charge adjusted operating income would h ...

Spotify Technology SA edged past Wall Street estimates Tuesday with its user growth for the latest quarter, helping to send its stock higher in premarket action. The music-streaming company had 602 million monthly active users in the fourth quarter, up 5% on a sequential basis and ahead of the 601 million expected by analysts tracked by FactSet. Spotify SPOT, +0.35% reported 236 million premium subscribers, up 4% from the third quarter and above the 235 million that analysts were modeling. Spotify called ou ...

NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) has released its financial results for the fourth quarter of 2023 today. Please visit investors.spotify.com to view the Shareholder Deck and other supplemental materials. As previously announced, the company will host a live question and answer session to discuss fourth quarter 2023 financial results at 8:00 a.m. Eastern Time. Daniel Ek, our Founder and Chief Executive Officer, and Paul Vogel, our Chief Financial Officer, will be on hand to ans ...

Joe Rogan got a new deal from Spotify (SPOT 0.35%) and this one makes all the sense in the world. In this video, Travis Hoium covers why Rogan is helping Spotify win podcasting and advertising long term. *Stock prices used were end-of-day prices of Feb. 2, 2024. The video was published on Feb. 5, 2024. ...

Spotify Technology S.A. (SPOT)第四季度业绩预测 - 预计第四季度营收将达到39.6亿美元，同比增长22.4%[1] - 预计每股亏损8美分，较2022年第四季度的1.43美元亏损有所改善[2]

Spotify与Joe Rogan签署新协议 - Spotify与喜剧演员和播客Joe Rogan签署了一项新的多年协议，旨在利用他的节目的流行度来推动广告收入[1] - 与Rogan签署的多年协议被估计价值高达2.5亿美元，包括最低保证金和基于广告销售的分成协议[2] - Joe Rogan Experience播客自2009年首播以来一直是音乐流媒体平台的独家内容，公司宣称它是全球收听量最高的播客[3] - Spotify还表示将很快在其他平台上推出Joe Rogan的节目，如苹果、亚马逊和YouTube[4] Spotify的播客业务发展 - Spotify于2015年首次添加播客，并从2019年开始大力推广这一媒介，收购了播客网络Gimlet Media和Anchor FM，并与真人秀明星金·卡戴珊和前美国总统巴拉克·奥巴马签署了独家协议。公司后来减少了野心，裁员了200名Gimlet Media员工[8] - 公司表示，自播客独家于Spotify平台后，平台上的整体播客消费量增加了232%，去年的收入较2021年增长了80%[7] - Spotify总部位于瑞典，专注于通过其广告市场为播客发布者和创作者提供帮助，提升平台的广告收入[6]

Analysts on Wall Street project that Spotify (SPOT) will announce quarterly loss of $0.08 per share in its forthcoming report, representing an increase of 94.4% year over year. Revenues are projected to reach $3.96 billion, increasing 22.4% from the same quarter last year. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Before a company reveals its earni ...