Spotify Q2 Earnings 2024. The audiostreaming company surpassed forecasts, growing its subscriber base by 19% in its second quarter to reach 433 million monthly users. Subscribers grew 17% y/y to 220 million.
Spotify’s q2 revenue of €3.18 billion was up 11% in q2 reflecting 11% growth in subscription revenue and 12% growth in ad revenue. Ordinary shares (spot) including earnings per share, earnings forecasts at nasdaq.com.
Monthly Active Users Surged 27% To 551 Million.
The audiostreaming company surpassed forecasts, growing its subscriber base by 19% in its second quarter to reach 433 million monthly users.
Subscribers Grew 17% Y/Y To 220 Million.
With revenue and profitability trends both inflecting favorably heading into 2024, we view the business as well positioned to deliver improving growth and.
Today, Spotify Announced Our Second Quarter 2021 Financial Performance.
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This Week, Spotify Released Our Second Quarter 2022 Financial Performance.
We had a very strong quarter, building on the momentum and success we’ve seen over the past four.