Spotify Q1 2024 Earnings. Please visit investors.spotify.com to view the. Today, we announced our first quarter 2024 earnings.
For the first quarter of 2024, spotify reported a total revenue of €3.64 billion ($3.88 billion), marking a substantial 20% surge compared to the same period in 2023. In the first quarter of 2024, spotify reported earnings per share (eps) of $1.05 (€0.97), beating the zacks consensus estimate of $0.63 but missing q1 2023’s.
Subscribers Increased 14% Y/Y To 239 Million.
All earnings call transcripts on spotify technology s.a.
(Nyse:spot) Q1 2024 Earnings Conference Call April 23, 2024 8:00 Am Et.
The company’s earnings surprise history has not been impressive.
Spotify Q1 2024 Earnings Images References :
Streaming Music Leader Spotify Technology ( Spot) On Tuesday Matched Estimates For Subscribers In The First Quarter And Showed Improved Profitability.
Revenue in the quarter increased 19.5%, to €3.64 billion, and gross margin topped guidance by 121 basis points, reaching 27.6%, with gross profit hitting €1.0 billion (the first time that’s hit the.
Analysts Are Optimistic About Future Growth, With A Target Price Increase And Positive.
Access spotify’s financial reports, including quarterly and annual results, and investor presentations on their financials page.