Spotify Beats Analysts' Expectations in First-Quarter Earnings: Here's How the Streaming Giant Performed


by Tech Times

Tech Times— Spotify started 2024 on a high note with its impressive first-quarter performance, according to a recent report. The music-streaming giant even surpassed what analysts expected in the previous quarter.

CNBC—HSBC beats expectations in first quarter earnings; CEO Noel Quinn to retire. HSBC has approved a first interim dividend of 10 cents per share, as well as a special dividend of 21 cents per share.

The Cerbat Gem—Wendy’s (NASDAQ:WEN) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS. Wendy’s (NASDAQ:WEN – Get Free Report) released its quarterly earnings data on Thursday. The restaurant operator reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.02, Briefing.com reports. The firm had revenue of $534.80 million for the quarter, compared to analyst estimates of $540.84 million. Wendy’s had a net […]

Spotify—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