Music streaming company Spotify (NYSE: SPOT) reported a 17% jump in Q4 revenue to €2.17Bil, helped by strength in both the Premium and Ad-supported segments. The increase in topline helped the firm cut down losses by around 40%.
Meanwhile, investors were unimpressed by a further 8% decrease in average revenue per user during the quarter. The stock fell close to 6% immediately following the announcement. The Swedish company’s shares have more than doubled in the trailing 12 months.
Prior performance
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
