Spotify Technology S.A. (NYSE: SPOT) reported its second quarter 2024 earnings results today.
Total revenue increased 20% year-over-year to EUR3.8 billion.
Net income attributable to owners of the parent was EUR274 million, or EUR1.33 per share, compared to a net loss of EUR302 million, or EUR1.55 per share, last year.
Total monthly active users (MAUs) grew 14% YoY to 626 million.
For the third quarter of 2024, Spotify expects total revenue to be EUR4 billion. Total MAUs are expected to reach 639 million.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Broadcom (AVGO) reports higher Q3 revenue and profit; results beat estimates
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) reported higher revenues and adjusted earnings for the third quarter of 2024 amid continued strong demand. The Q3 numbers also topped expectations. Earnings, excluding
Key takeaways from Hewlett Packard’s (HPE) Q3 2024 earnings report
Hewlett Packard Enterprise (NYSE: HPE) has delivered stronger-than-expected third-quarter results amid significant conversion in AI system revenues. The prospects for the company's AI server and edge computing businesses look promising
Hormel Foods (HRL): Factors that put a damper on the food company’s Q3 performance
Shares of Hormel Foods Corporation (NYSE: HRL) were up over 2% on Thursday. The stock is recovering from a fall it took a day ago after the company delivered mixed
