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

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

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