Spotify stock jumps as Q2 earnings and gross margin top expectations

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Spotify stock jumps as Q2 earnings and gross margin top expectations

) shares popped in premarket trading Tuesday after the company reported better-than-expected earnings and gross margin for the fiscal Q2 2024.

Monthly active users were reported at 626 million, below the estimated 631.46 million. Ad-supported MAUs were 393 million, also falling short of analysts’ expectations of 397.71 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines