Spotify's Stock Pops After Streaming-Audio Giant Posts Record Profit
SPOTSpotify(SPOT) Investopedia·2024-07-24 00:21

Key TakeawaysSpotify posted record quarterly operating income and earnings per share that surpassed analysts' expectations.The streaming-audio company said it expects third-quarter revenue in line with current analyst expectations. Spotify Premium prices are increasing this month. Spotify Technology (SPOT) posted second-quarter results before the bell Tuesday that delivered record profit and offered fresh guidance. The Swedish streaming-audio titan projects third-quarter operating income of 405 million euro ...