Spotify Q1 2024 Earnings. The streaming giant is on track to meet its 2024 revenue growth goal but just missed its monthly active user growth. Following mass layoffs in 2023 and increased service prices, the audio.
Price as of july 5, 2024, 4:00 p.m. 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.
Following Mass Layoffs In 2023 And Increased Service Prices, The Audio.
Spot) has released its financial results for the first quarter of 2024 today.
Net Income Attributable To Owners Of The Parent Was Eur197 Million, Or Eur0.97 Per Share, Compared To A Loss Of Eur225 Million, Or Eur1.16 Per Share, Last Year.
The reported $1.05 eps for the quarter, beating the consensus estimate of $0.63 by $0.42.
Spotify Q1 2024 Earnings Images References :
The Company Also Reported A Record Quarterly Profit And Strong Margin.
Please visit investors.spotify.com to view the shareholder deck and other.
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 $1.24 By 15.3%.
