Spotify (SPOT) Reports Q2 Loss of EUR0.19/sh

Spotify (NYSE: SPOT) reported Q2 EPS of (EUR0.19), versus (EUR1.91) reported last year. Revenue for the quarter came in at EUR2.33 billion, versus EUR1.89 billion reported last year.

Q3 2021 Guidance:

• Total MAUs: 377-382 million
• Total Premium Subscribers: 170-174 million
• Total Revenue: €2.31-€2.51 billion
  • Assumes approximately 60 bps tailwind to growth Y/Y due to movements in foreign exchange rates
• Gross Margin: 24.4-26.4%
• Operating Profit/Loss: €(80)-€0 million

Q4 2021 Guidance:

• Total MAUs: 400-407 million
• Total Premium Subscribers: 177-181 million
• Total Revenue: €2.48-€2.68 billion
  • Assumes approximately 175 bps tailwind to growth Y/Y due to movements in foreign exchange rates
• Gross Margin: 24.1-26.1%
• Operating Profit/Loss: €(152)-€(72) million

For earnings history and earnings-related data on Spotify (SPOT) click here.

You May Also Be Interested In

• Tesla stock up as automotive gross margin improves, free cash flow turns positive
• Kaiser Aluminum (KALU) Misses Q3 EPS by 48c
• Getty Realty (GTY) Tops Q3 EPS by 5c