Categories AlphaGraphs, Technology

Infographic: Spotify Technology (SPOT) 3Q21 Earnings

Spotify Technology SA (NYSE: SPOT) delivered revenue of EUR2.50 billion for the third quarter of 2021. The top line reflected a year-over-year growth of 27% on a reported basis and 26% on a constant currency basis. It came at the top end of the company’s guidance range and was driven by strength in advertising.

Net income attributable to owners of the parent was EUR2 million compared to a loss of EUR101 million in the same period a year ago. The company reported a loss per share of EUR0.41 compared to a loss of EUR0.58 last year.

Total monthly active users (MAUs) grew 19% year-over-year to 381 million, near the top end of the company’s guidance range.

For the fourth quarter of 2021, revenue is expected to range between EUR2.54-2.68 billion. Total MAUs are estimated to range between 400-407 million.

Prior performance

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

Most Popular

Take-Two Interactive (TTWO) Q4 earnings decline, revenue up 11%

Gaming company Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced fourth-quarter 2022 results Monday after the closing bell, reporting an 11% revenue growth. Fourth-quarter revenues rose to $930.0 million from $839.4

Pinterest (PINS): Here are a few points to keep in mind if you have an eye on this stock

Shares of Pinterest Inc. (NYSE: PINS) stayed in green territory on Monday. The stock has dropped 40% year-to-date and 62% in the past 12 months. There is a mixed sentiment

Stock Watch : Here’s What You Need to Know before investing in Kellogg (K)

Food companies have performed better than most other sectors during the pandemic as government restrictions forced people to cook at home. Investors, in general, find the stocks of such companies

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