Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Spotify Users Surge in Q4, EPS Disappoints

TheMotleyFool 
0 0 04.02.25
Spotify Users Surge in Q4, EPS Disappoints
 

Audio streaming platform Spotify Technology (NYSE:SPOT) reported mixed fourth-quarter and full-year 2024 results on Tuesday, Feb. 4. The company saw significant user growth, reporting 675 million monthly active users (MAUs) by the end of the quarter, which topped analysts' consensus estimates for 664 million MAUs. Earnings per share (EPS) landed at $1.88, below the $2.07 analyst consensus estimate, and revenue reached $4.53 billion, topping expectations of $4.32 billion.

Despite the mixed results, the overall quarter was punctuated by notable increases in user base, operating income, and free cash flow, underscoring Spotify's strength in engagement.

Source: Spotify Technologies. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. MAU = Monthly active users. * Figures are converted from euros based on the current currency exchange rate.

Continue reading


Source Fool.com

Electro Power Systems S.A. Stock

Show more
Like: 0
SPOT
Share

Comments

Not a member yet? Sign up for free!