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Spotify Technology S.A. (NYSE:SPOT) Q4 2023 Earnings Call Transcript February 6, 2024 Spotify Technology S.A. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning and welcome to Spotify’s Fourth Quarter 2023 Earnings Call and Webcast. All participants are in […]

Bursting with pride. That is how Ronwen Williams’ father described feeling after his son’s spectacular performance at the weekend.

Plus: A JPMorgan on every corner.

Plus: A JPMorgan on every corner.

In a recent revelation during its Q4 2023 earnings call, Spotify announced its ascent as the second-largest provider of audiobooks, The Guardian reported. This

Rogan did enough for Spotify to earn another huge payday.

Audio streaming giant Spotify posted better-than-expected subscriber gains as part of its fourth-quarter and full-year 2023 earnings report on Tuesday. It also reported a narrowed fourth-quarter operating loss despite charges for layoffs related to its efforts to push toward sustainable profitability, with its bottom line helped by price increases, cost reductions and growth in its advertising business. The company …

Spotify's quarterly results missed the mark, but strong guidance and user growth helped boost shares.

Spotify, which counts India among its top five markets in terms of the user base, however, didnt disclose specific information on its performance in the country for the quarter.

The music streaming company has ventured into podcasts and audiobooks as it seeks to grow its user base to 1 billion by 2030. It has also raised prices for its subscribers and laid off thousands of employees to boost profits and increase efficiency.