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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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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Spotify Technology reported impressive user growth and profitability metrics, though its financial metrics were mixed.
Five of the songs on Beyoncé's Cowboy Carter experienced gains on Spotify of at least 750% in terms of number of streams ...
Spotify defeated a lawsuit from the Mechanical Licensing Collective accusing it of unfairly cutting royalty rates via its ...
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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