On one end of the spectrum are digital services such as Spotify that likely escaped unscathed; concert promoters, with touring suspended through the entire quarter, suffered unprecedented losses and have prepared for blank slates the rest of the year.
2) The publicly traded promoters' second-quarter earnings will reveal the coronavirus's impact. With enough liquidity to survive 2020, promoters' bigger challenge is 2021. After a torrential rally, Spotify's share price closed Monday at $272.82, up 82.4% for the year but 9.0% below the high of $299.67 reached on July 22. Investors' ringing enthusiasm stems from a string of podcast deals with the likes of. The run-up was mostly anticipation for future benefits of an aggressive push into podcasting.
: up 17% year-over-year but, more importantly, down sequentially from $462 million to $454 million in the first quarter.
Spotify kicks off an earnings season like no other: What to watch for as music biz lays out pandemic’s impact
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Spotify Kicks Off an Earnings Season Like No Other: What to Watch for as Music Biz Lays Out Pandemic's ImpactStarting with Spotify on Wednesday (July 29) and ending August 20, the second-quarter financials of 13 publicly traded music-related companies will lay bare the damage done by the coronavirus pandemic. Fix Travis Scotts artist profile theres 2 of them Wack we can't even view the earnings without paying. Wack
مصدر: billboard - 🏆 112. / 63 اقرأ أكثر »
Spotify Kicks Off an Earnings Season Like No Other: What to Watch for as Music Biz Lays Out Pandemic's ImpactStarting with Spotify on Wednesday (July 29) and ending August 20, the second-quarter financials of 13 publicly traded music-related companies will lay bare the damage done by the coronavirus pandemic. Fix Travis Scotts artist profile theres 2 of them Wack we can't even view the earnings without paying. Wack
مصدر: billboard - 🏆 112. / 63 اقرأ أكثر »
Ford reports earnings after the bell, and analysts expect billions in losses from the coronavirus pandemicFord CFO Tim Stone warned investors in April that the company expected to lose more than $5 billion, on an adjusted pretax basis, during the second quarter. Ford is a dinosaur of a company. Way behind the times and most of its products are poor quality, just like GM and Chrysler. Can't be good news if everybody is waiting until after close Fix Or Repair Daily. FORD.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
'Pandemic and advertiser boycott create heightened uncertainty': Here's what 3 analysts expect from Facebook's quarterly earnings | Markets InsiderFacebook will release second-quarter figures after markets close on Thursday, giving investors an update to how it's fared throughout the corona...
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »