Stock’s retires after Q2 credits and cash lost and returns the record


Spotify (Spot) The shares were falling at 10% at the beginning of a Sunday after the company losing the second money and income.

Results following 120% of 120% over the past year, as an animal Updated from 2022 offers On the back of the costs, pay cuts, and motivation to entertainly and read.

SPOTIFY was sentenced to be a higher record of $ 738.45 in front of this month, but then sends $ 635 following the results.

The SPOTIFY reported the second product of € 4.19 billion ($ 4.86 billion hopes for € 827 billion in one year ago.

The company provided a loss of € 0.42 ($ 0.49) for each ordered for a result of $ 1.33 in Q2 2024.

“Money movements made in a quarter has been given to the money issued by € 104 million guides,” the company said in lending money.

The fundamental funds also came under the lower expectations, which are expected to pay for community fees, expenses and related costs. The current quarter’s guide has been defeated by the “25 million in social prices about $ 767.30,” the company saw it.

Photo Illustration: The screen that shows the Sport Stock in New York City, US, December.
Photo Illustration: The screen that shows the Sport Stock in New York City, US, December. · Reuters / Reuters

Spotify led the third-third users (MAS) of 710 million, before 707 million players.

In Q2, Mauus will arise 11% year to 696 million, says the statistics are about 689 million. The Premium Support has grown 12% to 276 million, and the users are 10% to 433 million – before expectations.

“Mostly, we will always look at the business and place to grow and improve weddings at 2025 while we suggest our long-term companies,”

Spotify’s larger group has been following the agency of business, including format, leadership changes, and A pulled from the podcast podcast. After spending $ 1 billion to build his podcast industrial, from the next company, his focus will be detailed. Even though it is still in the language, Cost of $ 100 million to builders in Q1 onlyincluding high-point names like Joe Rogan and Alex Cooper.

At the company’s 2022 Day Day, SPOTIFY is a major goal in targets for a 30% year with 35%. At that time, the company was in danger of turning the product and his great side and attached to 25%.

Those are beginning to turn around 2024 as a company The raised prices For the second time At least one year with Include A “high-size tragedy” contains music, podcast, and sounds. It will also be turned back It’s a written plan with a music-spelled musician In the ability to achieve the customer types.

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