Categories AlphaGraphs, Earnings, Technology

Infographic: Highlights of Spotify’s (SPOT) Q2 2022 earnings

Spotify Technology S.A. (NYSE: SPOT) reported a 23% increase in revenues for the second quarter of 2022. However, the music streaming platform’s net loss widened during the quarter.

Spotify Q2 2022 earnings infographic

The Sweden-based company reported total revenues of €2.86 billion for the second quarter of 2022, which is up 23% from the year-ago period. It had around 433 million monthly active users at the end of the quarter, up 19% from the prior-year period. There was a 14% increase in the number of premium subscribers.

Meanwhile, net loss widened to €125 million or €0.85 per share in the second quarter from €20 million or €0.19 per share in the year-ago period.


Check this space to read management/analysts’ comments on Spotify’s Q2 results


During the quarter, the company closed the acquisition of Findaway, which works across the entire audiobook ecosystem with a platform and offerings that serve authors, publishers, and consumers. It also announced the acquisition of Sonantic, a dynamic AI voice platform.

Prior Performance

  • Spotify Q1 2022 earnings infographic
  • Spotify reports Q3 2021 earnings results

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

What to look for when Coca-Cola Company (KO) reports Q2 results

The Coca-Cola Company (NYSE: KO) is all set to unveil its second-quarter 2024 financial results next week. Over the years, it has constantly innovated its portfolio and expanded far beyond

What to expect when Southwest Airlines (LUV) reports Q2 2024 earnings results

Shares of Southwest Airlines (NYSE: LUV) were up over 2% on Tuesday. The stock has dropped 22% over the past 12 months. The airline is scheduled to report its second

PNC Earnings: Highlights of PNC Financial Services Group’s Q2 2024 report

The PNC Financial Services Group, Inc. (NYSE: PNC) Tuesday reported a modest increase in revenues and net income for the second quarter of 2024. Net income attributable to common shareholders

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top