Spotify Technology S.A. Announces Financial Results for First Quarter 2022

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Go back to Spotify Technology S.A. Announces Financial Results for First Quarter 2022

Spotify (SPOT) PT Lowered to $150 at Monness, Crespi, Hardt

April 27, 2022 1:35 PM EDT

Monness, Crespi, Hardt analyst Brian White lowered the price target on Spotify (NYSE: SPOT) to $150.00 (from $240.00) while maintaining a Buy rating.

The analyst commented, "Spotify reported solid 1Q:22 results and issued a healthy 2Q:22 revenue outlook; however, increased investment plans dampened... More

Spotify (SPOT) Reports Q1 EPS of EUR 0.21, MAUs of 422M; Guides Q2 Revenue of: EUR 2.8B, MAUs of 428M

April 27, 2022 6:13 AM EDT

Spotify (NYSE: SPOT) reported Q1 EPS of EUR 0.21. Revenue for the quarter came in at EUR2.66 billion. MAUs grew 19% Y/Y to 422 million or 419 million excluding a one-time benefit of 3 million MAUs. Premium Subscribers grew 15% Y/Y to 182 million (inclusive of approximately 1.5 million... More

Spotify (SPOT) Reports Q1 EPS of EUR0.21; MAUs Up 19%

April 27, 2022 6:12 AM EDT

Spotify (NYSE: SPOT) reported Q1 EPS of EUR0.21, versus (EUR0.25) reported last year. Revenue for the quarter came in at EUR2.66 billion versus the consensus estimate of EUR2.15 billion.

MAUs grew 19% Y/Y to 422 million or 419 million excluding a one-time benefit of 3 million... More