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%.
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
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key metrics from KB Home’s (KBH) Q4 2025 earnings results
KB Home (NYSE: KBH) reported its earnings results for the fourth quarter of 2025. Revenues were $1.69 billion, compared to $2.00 billion in the same period a year ago. Net
Key highlights from NIKE’s (NKE) Q2 2026 earnings results
NIKE, Inc. (NYSE: NKE) reported revenues of $12.4 billion for the second quarter of 2026, which were up 1% on a reported basis and flat on a currency-neutral basis compared
Lennar (LEN) continues to battle a stubbornly difficult housing market
Shares of Lennar Corporation (NYSE: LEN) were down 2% on Thursday. The stock has dropped 17% over the past three months. The homebuilder saw its revenues and profits decline in
