Spotify revenue articles
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Spotify turns a profit as earnings and revenue beat estimates
Spotify reported first quarter earnings before the bell on Tuesday. Here's what to know.
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Spotify Reports First Quarter 2024 Earnings — Spotify
Today, we announced our first quarter 2024 earnings. In a solid start to the year, Spotify reported Monthly Active Users grew 19% Y/Y to 615 million. Subscribers increased 14% Y/Y to 239 million. Total Revenue was up 20% Y/Y to €3.6 billion. Gross Margin reached 27.6%. Operating Income improved to €168 million. “We’ve talked about
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Google Ad Revenue Up 13% & Bing Ads Revenue Up 12%
Google and Microsoft both reported very good earnings, driving both stock prices up after hours. I like to dive into the ad revenue side, and it looks like Google Ad revenue was up 13% from last year and Microsoft Advertising revenue was up 12% from last year.And that is good because both companies saw ad revenues increase the previous quarter and the quarter before that.Google reported total ad sales of $61.66 billion — up from $54.55 billion a year ago.GOOG EarningsThe Google earnings release...