• Fri. May 3rd, 2024

Spotify Surprises Investors with Higher-Than-Expected Earnings in Q1 2024

BySamantha Jones

Apr 23, 2024
Spotify Technology Surpasses Earnings Expectations in Q1 2024: Beats EPS and Revenue

Spotify Technology (NYSE: SPOT) recently released its first quarter earnings report for 2024, reporting earnings per share of $1.05, exceeding the analyst estimate of 70 cents. Additionally, the company reported revenue of $3.95 billion, which was 2.57% higher than the analyst estimate of $3.85 billion.

InvestorPlace Earnings is a platform that utilizes TradeSmith data to automatically cover quarterly earnings reports. The platform highlights key metrics such as earnings per share and revenue, comparing the company’s performance to analyst estimates. These articles are generated without human intervention to provide readers with the latest figures quickly. If there are any concerns or inaccuracies, readers can reach out to editor@investorplace.com for clarification.

The information provided in this article was published by InvestorPlace Media and can be found at https://investorplace.com/earning-results/2024/04/spot-stock-earnings-spotify-technology-for-q1-of-2024/.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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