Spotify Misses More Than Expected
Tuesday, January 31, 2023
6:00:00 AM ET
Spotify Technology S.A. (
SPOT) reported a fourth quarter loss of $1.43 per share on revenue of $3.23 billion. The consensus estimate was a loss of $1.28 per share on revenue of $3.24 billion for the quarter ending December 31, 2022. The Earnings Whisper ® number was a loss of $1.34 per share. Revenue grew 5.1% year-over-year.
Spotify Technology S.A.