Music streaming company Spotify (NYSE: SPOT) reported a 17% jump in Q4 revenue to €2.17Bil, helped by strength in both the Premium and Ad-supported segments. The increase in topline helped the firm cut down losses by around 40%.
Meanwhile, investors were unimpressed by a further 8% decrease in average revenue per user during the quarter. The stock fell close to 6% immediately following the announcement. The Swedish company’s shares have more than doubled in the trailing 12 months.
Box Inc. (NYSE: BOX) reported fourth quarter 2021 earnings results today. Revenues rose 8% year-over-year to $198.9 million. GAAP net loss was $4.9 million, or $0.03 per share, compared to
Technology firm Hewlett Packard Enterprise Company (NYSE: HPE) reported higher earnings for the first quarter of 2021, despite a decrease in revenues. The numbers surpassed the consensus forecast. First-quarter earnings,
MercadoLibre Inc. (NASDAQ: MELI) is one of the stocks that benefited from the COVID-19 pandemic. The Argentine ecommerce company has caught the attention of market experts as it garnered growth