Spotify Earnings Preview: Six Things to Watch for in This Week's Q2 Report

The results could be surprising: while COVID-19 has led to greater-than-normal uncertainty, its revenue and subscription growth for 2020 were actually in line with pre-pandemic expectations.MAUs: 366 to 373 millionHere’s what to watch in the earnings report and webcast on Wednesday. Because Spotify prioritizes growth over profit, the two metrics to watch are monthly average users and subscribers. Spotify ended the first quarter of 2021 with 356 million MAUs and 158 million .

attracts heated attention because it reveals how Spotify prices its subscription product to attract new customers as it grows around the world. When falls, newer subscribers pay lower prices than older subscribers on average. That isn’t necessarily bad because family plans, the leading cause of erosion, reduce churn because they allow multiple people onto a single account. The financial benefit of retaining subscribers arguably outweighs the lower revenue — and lower royalties — associated with the average subscriber. Spotify slightly raised prices in 40 markets — including the U.S. and U.K. — in the second quarter with"minimal impact" on subscription churn, CFO Paul Vogel said on the first-quarter earnings call on April 28.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock futures hold steady ahead of a huge week of Big Tech earningsStock futures opened little changed ahead of a busy week of earnings reports from technology's heaviest hitters. Big week boys We don't buy bitcoin We earn bitcoin From Mining I'm ready to show 10 lucky people on how to earn 1BTC ($34,502) and more daily! No referral No withdrawal fees If interested, kindly send a DM AMC is Future🤷🏻‍♂️, the Elon pose 🤪
La source: CNBC - 🏆 12. / 72 Lire la suite »

European stocks retreat as investors watch corporate earnings, Covid casesEuropean stocks set for lower open as investors watch corporate earnings, Covid cases thanks You have no idea what investors are doing. Investors is a very broad term. AMC/AH9 looking quite bullish my dudes.
La source: CNBC - 🏆 12. / 72 Lire la suite »

What to expect as Big Oil reports second-quarter earningsOil and gas majors are likely to report bumper second-quarter earnings in the coming days, energy analysts have told CNBC. good
La source: CNBC - 🏆 12. / 72 Lire la suite »

Bank earnings preview — pullback gives you an opportunity to buy the stocksShares of the largest U.S. banks have staged a recovery following the stock market’s pandemic low point last year. But they have lagged behind the broader market. Here's a summary of analysts’ opinions about shares of the 12 largest U.S. banks: wow Michael Burry Warns Retail Traders About the 'Mother of All Crashes'
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

These stocks reporting earnings soon could be trouble for your portfolioAs a busy week of earnings begins, look out for these companies that tend to miss expectations and see their share prices falter.
La source: CNBC - 🏆 12. / 72 Lire la suite »