Spotify expects third-quarter profits of €670 million, falling short of analyst estimates amid slowing user growth.
Spotify forecast third-quarter
profit below Wall Street estimates on Tuesday, after the
streaming giant reported slowing user growth in major markets of
Europe and North America.The Swedish streaming platform has launched AI features like
"Personal Podcasts" and new offerings such as "Reserved" to
Aug 4 : Spotify forecast third-quarter profit below Wall Street estimates on Tuesday, after the streaming giant reported slowing…
Spotify anticipates lower third-quarter profit, missing Wall Street expectations. Slowing user growth in key regions impacts the…
Aug 4 : Spotify forecast third-quarter profit and monthly active users below Wall Street estimates on Tuesday, underscoring the…
Spotify guided to Q3 operating income of €670m, just below Wall Street estimates, as user growth slows in its mature markets.
Swedish streaming platform's shares are down despite reporting premium subscriber target of 305-million
Spotify anticipates that increased marketing and development expenditures will adversely affect profits in the current quarter.…
