Newsletter

Menu

Will Spotify tune Q2 earnings to growth?

By Staff Correspondent |
earnings preview

Spotify Technology S.A. (NYSE: SPOT) is scheduled to report its earnings results for the second quarter of 2019 on Wednesday before the market opens. The music streaming giant will be benefited by monthly active users with premium subscribers promotion in the US and Canada as well as continued growth in Family Plan.

The company’s ability to grow business and generate revenue depends on retaining and expanding its total user base, increasing advertising revenue by effectively monetizing the user base of its ad-supported service, and increasing the number of subscribers to its premium service.

Spotify’s ability to attract new users, retain existing users, and convert users of its Ad-Supported Service to subscribers of its Premium Service depends in large part on its ability to continue to offer leading technologies and products, compelling content, superior functionality, and an engaging user experience.

However, the company has been facing stiff competition in the market. The tech titans including Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), and Google (NASDAQ: GOOGL), are developing devices for which their music streaming service is preloaded. This puts Spotify at a significant competitive disadvantage.

In addition, Spotify is expected to enhance and improve its existing service by introducing new features along with additional technological advances and an adaptable platform as consumer demands keeps changing more frequently. The future results could be adversely impacted if it fails to keep pace with technological advances or offer compelling product offerings to meet consumer demands.

Analysts expect the company to report a loss of $0.35 per share on revenue of $1.84 billion for the second quarter. In comparison, during the previous year quarter, Spotify posted a loss of $2.52 per share on revenue of $1.46 billion.

Also read: Texas Instruments Q2 earnings

For the first quarter, the company reported better-than-expected revenues while earnings fell short of estimates. Monthly active users (MAUs) grew 26% year-over-year to 217 million. Average revenue per user (ARPU) was EUR4.71, roughly flat year-over-year.

For the second quarter, Spotify expects revenue to grow 18-35% year-over-year to EUR1.51 billion to EUR1.71 billion. Operating loss is expected to come in the range of EUR15-95 million. Total MAUs are expected to increase 23-27% year-over-year to 222-228 million while total premium subscribers are expected to grow 29-34% to 107-110 million.

The company is expected to address a number of challenges in order to increase its ad-supported users and its premium subscribers. This includes improving ad-supported service, providing high-quality and user-friendly experience, continuing to curate a catalog of content, and continuing to innovate and keep pace with changes in technology and competitors. It also includes maintaining and building relationships with the makers of consumer products such as mobile devices.

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips.

Advertisement

More on this Company

215 responses to “Will Spotify tune Q2 earnings to growth?”

  3. Pharmacology and Toxicology

    […]we like to honor many other web web-sites around the web, even when they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  9. IT Careers

    […]please check out the web-sites we follow, such as this one particular, as it represents our picks in the web[…]

  12. Maillot de football

    […]although websites we backlink to beneath are considerably not associated to ours, we really feel they are essentially worth a go via, so possess a look[…]

  19. SEOSolutionVIP Fiverr

    […]we like to honor numerous other internet websites around the web, even when they aren’t linked to us, by linking to them. Below are some webpages worth checking out[…]

  30. Advance-Esthetic LLC

    […]we like to honor several other online web pages on the internet, even when they aren’t linked to us, by linking to them. Under are some webpages really worth checking out[…]

  49. golf cart rental isla mujeres

    […]Wonderful story, reckoned we could combine a few unrelated information, nevertheless definitely really worth taking a look, whoa did one particular master about Mid East has got more problerms at the same time […]

  51. blue merle french bulldog

    […]Wonderful story, reckoned we could combine a few unrelated data, nonetheless really really worth taking a look, whoa did one understand about Mid East has got far more problerms also […]

  54. fluffy french bulldog

    […]we prefer to honor lots of other world wide web web-sites on the internet, even when they aren’t linked to us, by linking to them. Under are some webpages really worth checking out[…]

  57. clima sarasota

    […]that will be the finish of this post. Right here you’ll discover some internet sites that we think you’ll enjoy, just click the hyperlinks over[…]

  71. Upright piano storage

    […]Wonderful story, reckoned we could combine several unrelated data, nevertheless really really worth taking a appear, whoa did one particular find out about Mid East has got far more problerms also […]

  76. Classic Books 500

    […]although internet sites we backlink to below are considerably not associated to ours, we feel they are in fact really worth a go through, so have a look[…]

  78. Sell Anything for Free

    […]Wonderful story, reckoned we could combine a couple of unrelated data, nonetheless genuinely really worth taking a search, whoa did a single learn about Mid East has got far more problerms at the same time […]

  91. FiverrEarn

    […]we prefer to honor numerous other online internet sites on the internet, even though they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  95. FiverrEarn

    […]that is the finish of this post. Right here you will discover some web-sites that we think you will value, just click the hyperlinks over[…]

  96. FiverrEarn

    […]very couple of sites that take place to become detailed below, from our point of view are undoubtedly effectively worth checking out[…]

  98. FiverrEarn

    […]Wonderful story, reckoned we could combine a few unrelated information, nevertheless definitely worth taking a search, whoa did 1 master about Mid East has got a lot more problerms too […]

  99. pearl

    […]although internet websites we backlink to beneath are considerably not associated to ours, we feel they’re essentially worth a go by, so have a look[…]

  102. Kampus Islam Terbaik

    […]although websites we backlink to below are considerably not related to ours, we feel they may be essentially worth a go as a result of, so have a look[…]

  119. One Peace AMV

    […]that may be the finish of this write-up. Right here you will obtain some web sites that we believe you will appreciate, just click the links over[…]

  127. pg slot

    […]please check out the web-sites we adhere to, which includes this 1, as it represents our picks from the web[…]

  137. ItMe.Xyz

    […]check below, are some totally unrelated websites to ours, having said that, they’re most trustworthy sources that we use[…]

  139. itme.xyz

    […]that would be the finish of this write-up. Here you will come across some internet sites that we assume you’ll appreciate, just click the links over[…]

  141. itme.xyz

    […]Wonderful story, reckoned we could combine a number of unrelated information, nevertheless truly really worth taking a search, whoa did a single study about Mid East has got extra problerms too […]

  144. Bokeo Thailand

    […]that is the finish of this report. Right here you’ll uncover some internet sites that we think you’ll enjoy, just click the hyperlinks over[…]

  145. Instagram URL Shortener

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nevertheless truly really worth taking a look, whoa did one understand about Mid East has got far more problerms too […]

  146. mzplay

    […]Every once inside a although we choose blogs that we read. Listed below are the most up-to-date web sites that we choose […]

  147. izcalli

    […]just beneath, are numerous entirely not connected sites to ours, having said that, they may be certainly worth going over[…]

  155. how to get my dog papers

    […]although internet sites we backlink to beneath are considerably not related to ours, we really feel they’re actually worth a go by means of, so have a look[…]

  157. acupuncture fort lee

    […]Wonderful story, reckoned we could combine several unrelated data, nevertheless really worth taking a search, whoa did one find out about Mid East has got extra problerms at the same time […]

  158. atizapán de zaragoza clima

    […]we like to honor a lot of other world-wide-web web sites around the web, even though they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  164. surrogacy mexico cost

    […]although internet websites we backlink to below are considerably not related to ours, we really feel they’re actually worth a go by way of, so have a look[…]

  168. my free cams

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nevertheless definitely really worth taking a search, whoa did a single master about Mid East has got far more problerms as well […]

  177. undetected delta force hacks

    […]Wonderful story, reckoned we could combine a few unrelated data, nevertheless definitely really worth taking a search, whoa did one particular study about Mid East has got far more problerms too […]

  179. grey frenchies

    […]just beneath, are many absolutely not connected internet sites to ours, having said that, they are certainly really worth going over[…]

  182. black frenchies

    […]very couple of web-sites that occur to become in depth below, from our point of view are undoubtedly effectively worth checking out[…]

  186. dog probiotic chews

    […]we prefer to honor a lot of other world-wide-web internet sites around the net, even though they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  190. mexican candy store near me

    […]we like to honor many other world-wide-web internet sites around the web, even when they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  200. Dog Papers

    […]we prefer to honor lots of other world-wide-web web-sites on the web, even if they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  201. Dog Papers

    […]we like to honor a lot of other net internet sites around the net, even when they aren’t linked to us, by linking to them. Below are some webpages worth checking out[…]

  204. Dog Registry

    […]Wonderful story, reckoned we could combine some unrelated data, nevertheless definitely worth taking a search, whoa did one understand about Mid East has got more problerms also […]

  205. Dog Registry

    […]very handful of web sites that happen to become comprehensive below, from our point of view are undoubtedly well really worth checking out[…]

  207. Dog Registry

    […]we prefer to honor lots of other world wide web web-sites on the net, even when they aren’t linked to us, by linking to them. Underneath are some webpages really worth checking out[…]

  208. wix seo

    […]that may be the end of this report. Here you will obtain some web-sites that we assume you will enjoy, just click the hyperlinks over[…]

  210. dog registration

    […]that is the finish of this write-up. Here you will locate some web pages that we think you’ll enjoy, just click the hyperlinks over[…]

  213. French Bulldog Adoption

    […]we prefer to honor several other net sites on the web, even if they aren’t linked to us, by linking to them. Beneath are some webpages worth checking out[…]

  215. mexican candy shop

    […]that will be the end of this write-up. Here you will uncover some web-sites that we think you’ll value, just click the links over[…]

Top