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Stock impact report

Spotify delivers improved margins, offsetting Q3 results miss [Yahoo! Finance]

Spotify Technology S.A. Ordinary Shares (SPOT) 
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Spotify Technology SA (NYSE:SPOT) was up 9% in recent afterhours trading. The company reported Q3 EPS of €1.45 on revenue of €3.99 billion, compared with Wall Street estimates for EPS of $1.68 on revenue of $4.02B Gross margin improved to 31.1% in Q3 from 26.4% a year earlier. Monthly active users grew 11% to 640M in Q3 from a year earlier. Looking ahead, the company guided monthly active users to 665M, gross margin to 31.8% and revenue to €4.1B. Related Articles Spotify delivers improved margins, offsetting Q3 results miss Shopify helps lift Toronto market to record high SimilarWeb earnings matched, revenue topped estimates Show less Read more
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