Spotify reported net income of €197mn on €3.6bn in revenue in the three months to the end of march. As our chart shows, in 2023, only 1.7 billion euros, or 13 percent of spotify's total annual revenue of 13.3 billion euros, came from music and podcast advertising.
With revenue and profitability trends both inflecting favorably heading into 2024, we view the business as well positioned to deliver improving growth and. Monthly active users grew 19% y/y to 615 million.
Spotify Was Profitable With $181 Million In Operating Income.
Wall street expects spotify to report 81 cents in eps and $3.95 billion in revenue.
Today, We Announced Our First Quarter 2024 Earnings.
Report of proposed sale of securities.
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Today, We Announced Our First Quarter 2024 Earnings.
For the free subscribers, spotify saw an increase of 59 million and 23% yoy growth from q4 of 2021 to q4 of 2022.
Spotify Reported Net Income Of €197Mn On €3.6Bn In Revenue In The Three Months To The End Of March.
At spotify, we believe that artists deserve clarity when it comes to the.
