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Spotify Stock Gaps Lower After Surprise Quarterly Loss
Spotify Technology SA (NYSE:SPOT) stock is down 9.4% to trade at $635.37 at last check, after the music streaming platform announced a surprise second-quarter loss as well as a revenue miss. The company also issued a disappointing revenue and operating income outlook for the third quarter.
Podcasts can generally command superior gross margins over music, as they don’t require expensive licensing deals with major ...
Spotify Technology (NYSE:SPOT) saw its stock drop sharply on Tuesday after it released its second-quarter 2025 results.
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Operating profits soared 53% to 406 million euros ($468.9 million), and free cash flow hit 700 million euros ($808.4 million) ...
The streaming giant is betting on non-music offerings and A.I. to regain momentum after a disappointing second quarter.
Spotify forecast quarterly profit below estimate on Tuesday, as higher taxes related to employee salaries outweigh music ...
Spotify CEO Daniel Ek defended the company's measured approach to price increases, saying the strategy reflects a long-term ...
In a letter sent to Spotify CEO Daniel Ek, the House Judiciary Committee chairman slammed what he called a new threat to free ...
Streaming giant Spotify Technology on Tuesday said it met goals for active users and premium subscribers but rising employee ...
Spotify forecast third-quarter profit below Street estimates on Tuesday as higher taxes related to employee salaries outweigh ...
As of right now, Spotify isn’t labeling AI-generated music as AI-generated. But should they? Nika Danilova, an indie synth ...
Despite achieving that strong operating income of €406 million ($460m) in Q2 – up 50% year-over-year at constant currency – ...
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