Previous close | 0.6700 |
Open | 0.6700 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 110.00 |
Expiry date | 2025-01-17 |
Day's range | 0.6700 - 0.6700 |
Contract range | N/A |
Volume | |
Open interest | 193 |
Spotify reported first quarter earnings before the bell on Tuesday. Here's what to know.
Spotify on Tuesday reported quarterly monthly active users (MAU) below its own estimates, as the Swedish music streaming company chose to boost profit instead of spending more on marketing activities to draw in more listeners. First-quarter MAUs rose 19%, but missed Spotify's own guidance and a median of analysts' forecasts of 618 million. It also forecast current-quarter MAUs at 631 million, missing estimates of 636.3 million, according to IBES data from LSEG.
Spotify on Tuesday reported quarterly monthly active users (MAU) below its own estimates, as the Swedish music streaming company chose to boost profit instead of spending more on marketing activities to draw in more listeners. First-quarter MAUs rose 19%, but missed Spotify's own guidance and a median of analysts' forecasts of 618 million. It also forecast current-quarter MAUs at 631 million, missing estimates of 636.3 million, according to IBES data from LSEG.