Amidst a quarter of cuts and belt-tightening.
Spotify posted a net loss of €225 million as part of today’s earnings release, which covers the first quarter of 2023. That compares to a net income of €131 million in the same period a year earlier, but down from a €270 million loss last quarter. Losses like this aren’t unusual for a business that’s generally prioritized growth over quarterly profits. Average revenue per user fell 1
percent to €4.32 , likely as a result of the discounted and lower prices Spotify charges to attract customers in new markets. Once again, this earnings release doesn’t mention when Spotify’s higher-quality HiFi tier may launch. The company announced the new service
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Ex-Disney employee allegedly shot videos up women’s skirts more than 500 timesThe former employee apparently showed police multiple examples of voyeuristic videos.
Les mer »
Indianapolis Motor Speedway first responder training held as preparation for Indy 500For the first time in its racing history, the Indianapolis Motor Speedway kicked off the season with a training opportunity in hopes of getting first responders ready for a full season of racing.
Les mer »
Kyle Busch wins Geico 500 in double overtimeKyle Busch escaped a chaotic double overtime finish and crossed the finish line first at Talladega to capture his second career victory at the superspeedway and first in 15 years.
Les mer »
S\u0026P 500 Forecast: Continues to See Rangebound TradingThe S\u0026P 500 index experienced a decline during Friday\u2019s trading session.
Les mer »
Ex-Disney World worker allegedly admits taking more than 500 up-skirt videos of customersA former Walt Disney World employee is facing a charge that he surreptitiously took a video up the skirt of a female customer, allegedly telling investigators he'd done it more than 500 times over the past six years.
Les mer »
Markets Preps for Data Filled Week: USD, BOJ & S&P 500Markets Preps for Data Filled Week: USD, BOJ & S&P 500. The Monday Market Oulook with Warren Venketas gives a report on the latest changes in the financial ma...
Les mer »