Previous close | 0.2900 |
Open | 0.2900 |
Bid | 0.0100 |
Ask | 0.8000 |
Strike | 75.00 |
Expiry date | 2025-01-17 |
Day's range | 0.2900 - 0.2900 |
Contract range | N/A |
Volume | |
Open interest | 1.24k |
Spotify (SPOT) shares are bumping in Tuesday pre-market trading after the music streamer topped first-quarter earnings estimates. On top of boasting gains of 0.97 euros per share and 3.64 billion euros in revenue (roughly $1.04 per share and $3.89 billion when converted to USD), Spotify reported a profitable first quarter. Yahoo Finance Media Reporter Alexandra Canal details Spotify's first-quarter figures, focusing on what leadership attributes to monthly active users (MAU) falling behind estimates. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
The streaming company's shares have climbed 45% this year so far as it focuses on profitability.
Spotify (SPOT) delivered earnings and revenue surprises of 66.67% and 2.05%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?