Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of Spotify’s (SPOT) Q4 2021 earnings
Music streaming platform Spotify Technology S.A. (NYSE: SPOT) reported a net loss for the final three months of fiscal 2021, despite a double-digit increase in revenues.
The Sweden-based company reported total revenues of €2.69 billion for the fourth quarter, which is up 24% from the year-ago period. The top-line also beat Wall Street’s estimates. It had around 406 million monthly active users at the end of the quarter, which is up 18% from the prior-year period. There was a 16% increase in the number of premium subscribers.
Despite the positive top-line performance, the company incurred a net loss of €39 million or €0.21 per share in the fourth quarter, compared to earnings of €2 million in the year-ago period.
Prior Performance
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion