The streaming service reported net income of 197 million euros ($210 million), or earnings of 0.97 euros per share. Spotify has never published an net profit.
Spotify reported net income of €197mn on €3.6bn in revenue in the three months to the end of march. Date open high low close volume ;
Spotify Technology Annual Net Income For 2023.
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Daniel Ek, Founder And Ceo Of Spotify (Photo By Antoine Antoniol/Getty Images) Getty Images.
Meanwhile, when the market closed, spot had settled at $295.96, still up 57 percent from 2024’s beginning and 126 percent from early april of 2023.
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In Spotify Q1 2024 Earnings, Revenues Were Up 20% As Paid Users Reach 239 Million.
Total revenue was up 20% y/y to €3.6 billion.
Spotify Has Never Published An Net Profit.
When spotify laid off more than 1,500 workers—17% of.