Categories AlphaGraphs, Earnings, Leisure & Entertainment

SPOT Infographic: Spotify loss widens in Q4 despite strong revenue growth

Spotify Technology S.A. (NYSE: SPOT) reported a wider net loss for the fourth quarter of 2022 when the music streaming platform’s revenues increased by 18%.

Spotify Q4 2022 earnings infographic

The Sweden-based company reported total revenues of €3.17 billion for the fourth quarter, which is up 18% from the year-ago period. It had around 489 million monthly active users at the end of the quarter, up 20% from the prior-year period. There was a 14% increase in the number of premium subscribers.

Meanwhile, Spotify incurred a net loss of €270 million or €1.40 per share in the December quarter, compared to a loss of €39 million or €0.21 per share in the year-ago period.


Check this space to read management/analysts’ comments on Spotify’s Q4 results


The company also provided revenue and subscriber guidance for the first quarter of 2023.

Prior Performance

  • Spotify Q3 2022 earnings infographic
  • Spotify Q2 2022 earnings infographic
  • Spotify Q1 2022 earnings infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

What to look for when CVS Health (CVS) reports Q3 earnings

Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain

eBay (EBAY): A few factors that helped drive growth in Q3 2024

Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,

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

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