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Spotify Technology Q2 2023 Earnings Report

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$504.89 -53.53 (-9.59%)
As of 02:10 PM Eastern
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Spotify Technology EPS Results

Actual EPS
-$1.69
Consensus EPS
-$0.80
Beat/Miss
Missed by -$0.89
One Year Ago EPS
N/A

Spotify Technology Revenue Results

Actual Revenue
$3.46 billion
Expected Revenue
$3.54 billion
Beat/Miss
Missed by -$80.83 million
YoY Revenue Growth
N/A

Spotify Technology Announcement Details

Quarter
Q2 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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Spotify Technology Earnings Headlines

EU’s Action Takes Aim At US Retirees
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About Spotify Technology

Spotify Technology (NYSE:SPOT), together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg City, Luxembourg.

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