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Spotify Reports Fourth Quarter 2024 Earnings
6 days ago · Today, we announced our fourth quarter 2024 earnings, closing Q4 stronger than ever by outperforming across key metrics and celebrating our first full year of profitability. Take a look at the highlights below: Monthly Active Users grew 12% Y/Y to 675 million. Subscribers increased 11% Y/Y to 263 million. Total Revenue was up 16% Y/Y... Read more »
Highlights from Spotify’s Q4 ‘24 earnings | Spotify Advertising
4. Spotify Advertising takes another step towards becoming a scaled automated ads business. As Spotify continues to scale, we’re committed to building a more flexible and automated service for advertisers of all sizes, and in Q4 we reached another crucial checkpoint in that journey as we began to invest in more performance-based ad services.
Spotify Q4 2024 Earnings: Streamer Posts First Full-Year Profit
6 days ago · Spotify hit all the right notes in reporting Q4 and full-year 2024 earnings, with the audio streamer turning in its first annual net profit since it was founded in 2006. Shares of Spotify surged...
Spotify posts $1.5bn annual operating profit for 2024, as …
6 days ago · Premium revenue. In terms of finances, Spotify reports that its Premium subscriber growth translated into Premium revenue of €3.705 billion (USD $3.957bn) in Q4 2024.. Spotify’s Premium revenue was up 19% YoY at constant currency (see below).. Premium revenues were driven by subscriber growth of 11% YoY and a Premium ARPU (Average Revenue Per User) increase of 7% YoY at constant currency ...
Spotify Q4 2024: Revenues Up 16% as Premium Users Hit 263 …
6 days ago · In Spotify's Q4 2024 earnings report, revenues were up 16% as active users (MAUs) reached 675 million and premium subscribers reached 263 million.
Spotify Reports First Full-Year Profit - WSJ
Spotify Technology SPOT-0.46%decrease; red down pointing triangle reported its first ever full year of profitability, fueled by record user growth and austerity measures after years of heavy ...
Spotify Q4 Earnings: Soaring Profits - Yahoo Finance
6 days ago · Spotify ended the year with 263 million premium subscribers, adding 11 million new subscribers in the fourth quarter. That was far above the company's guidance of 3 million net adds. Average...
Spotify Adds Record 11 Million Premium Subscribers and Posts …
6 days ago · Spotify matched its best quarter ever for subscriber growth during the fourth quarter of 2024, the Stockholm-based music streaming giant reported on Tuesday morning, while at the same time...
Q4 2024 Spotify Technology SA Earnings Call - Yahoo Finance
6 days ago · Good morning, and welcome to Spotify's fourth-quarter 2024 earnings call and webcast. (Operator Instructions) As a reminder, this conference call is being recorded. I would now like to turn the ...
Spotify Reports Fourth Quarter 2023 Earnings
Feb 6, 2024 · Today, we announced our fourth quarter 2023 performance. The business delivered strong results in Q4, as all of our KPIs met or exceeded guidance. With revenue and profitability trends both inflecting favorably heading into 2024, we view the business as well positioned to deliver improving growth and profitability.