Spotify Third Quarter 2024 Earnings Results and Business Review

12/11/2024 19 min
Spotify Third Quarter 2024 Earnings Results and Business Review

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Episode Synopsis

Spotify's announced earnings for Q3 2024, outlining the company's financial performance and key highlights. The document details Spotify's user growth, revenue, profitability, and cash flow for the quarter. It also includes a breakdown of Spotify's business segments and highlights its efforts to expand its product and platform, including the launch of AI DJ in new markets, the expansion of AI Playlist, and the rollout of comments for podcasts. The document concludes with Spotify's outlook for Q4 2024, forecasting continued growth in subscribers, revenue, and profitability.