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Spotify Stock Tumbles as Q1 Profit Comes Up Well Short of Estimates
investopedia.com/spotify-stock-tumbles-as-q1-earnings-undershoot-estimates-11723313
shares sank 6% in premarket trading Tuesday after the Swedish audio streaming giant posted first-quarter profit that badly undershot estimates.
The company posted earnings per share (EPS) of 1.07 euros ($1.22) on revenue that rose 15% year-over-year to 4.19 billion euros ($4.77 billion).…
This story appeared on investopedia.com, 2025-04-29 16:06:46.140000.