Spotify (SPOT) delivered earnings and revenue surprises of -11.72% and 0.83%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Spotify reported fourth-quarter earnings. The company reported 205 million paid subscribers, up 14% from a year ago.
The streaming giant expects to hit 500 million total listeners -- both free and paid -- within the next two months.
Spotify Technology SA's revenue largely matched expectations in the fourth quarter, though the company delivered better user growth than anticipated.
Spotify reports 489 million monthly active users in the fourth quarter, up 20% from a year earlier, and 205 million premium subscribers.
Spotify Technology SA on Tuesday reported fourth-quarter results that beat expectations for both active users and subscribers, and forecast the number of listeners would reach 500 million next quarter
Yahoo Finance's Allie Canal joins the Live show to discuss the earnings expectations for audio streaming giant Spotify.

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Yahoo Finance media reporter Allie Canal highlights what to expect in Spotify's earnings report next week amid layoffs and the music streaming service's refocused growth outlook.

Spotify recovers after second outage this month

05:26pm, Thursday, 26'th Jan 2023
Streaming service Spotify Technology SA SPOT, +1.27% experienced an outage for the second time this month, temporarily disrupting service for thousands of users.
Spotify Technology SA's music streaming platform was down for nearly 35,000 users on Thursday, according to outage-tracking website Downdetector.com.
Spotify recently announced it would lay off 6% of its staff. While the news pushed its stock price higher, the long-term impacts have yet to be seen.

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Spotify CEO Daniel Ek confirms job cuts

04:00pm, Tuesday, 24'th Jan 2023
Spotify CEO Daniel Ek confirmed the company's plans to cut 6% of its workforce amid a series of tech layoffs. Yahoo Finance Anchor Dave Briggs breaks down further details on January 23, 2023.
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