Spotify Technology S.A. (NYSE: SPOT) reported first-quarter 2021 earnings results today.
Total revenue increased by 17% year-over-year to EUR2.14 billion.
Net profit attributable to owners of the parent was EUR23 million, or EUR0.25 loss per share, compared to EUR1 million, or EUR0.20 loss per share, last year.
Total monthly active users (MAU) grew 24% year-over-year to 356 million.
Digital healthcare firm SmileDirectClub Inc. (NASDAQ: SDC) reported a narrower net loss for the first quarter of 2021 amid modest revenue growth. While the bottom-line missed Wall Sreet's prediction, revenues
Virgin Galactic (NYSE: SPCE) reported first-quarter 2020 financial results after the regular market hours on Monday. The space tourism company reported zero revenue in the first quarter, compared to $238,000
The social media industry witnessed certain changes amid the COVID-19 pandemic last year. User numbers and engagement levels increased as people spent more time online to connect with family and