Earnings

Spotify (SPOT) earnings Q4 2022

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People exit the Spotify headquarters building in Lower Manhattan on January 23, 2023 in New York City.

Eduardo MunozAlvarez | View Press | Corbis News | Getty Images

Spotify shares closed up 12% Tuesday after the company reported fourth-quarter earnings that beat analysts’ expectations for revenue and showed strong user growth.

Here’s how the company did:

  • Loss per share: Loss of 1.40 euros ($1.52) vs. an estimated loss of 1.27 euros as expected by analysts, according to Refinitiv
  • Revenue: 3.17 billion euros vs. 3.16 billion euros expected by analysts, according to Refinitiv

Spotify reported 489 million monthly active users for the quarter, up 20% year over year. There were 33 million net…



Source cnbc.com

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