Spotify Technology S.A. Announces Financial Results for Third Quarter 2019
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Spotify (SPOT) PT Raised to $195 at RBC Capital
October 28, 2019 12:29 PM EDTRBC Capital analyst Mark Mahaney raised the price target on Spotify (NYSE: SPOT) to $195.00 (from $185.00) while maintaining a Outperform rating following results.
The analyst commented, "Spotify posted a Modest Beat & Bracket Q3 with the big upsides being Gross Margin, Operating Income & MAUs.... More
Spotify (SPOT) Extends Gain, Up 16%
October 28, 2019 10:35 AM EDTSpotify (NYSE: SPOT) Extends Gain, Up 16%
... MoreSpotify (SPOT) Reports Q3 EPS of EUR0.36; Provides Q4 Revenue Outlook, Announces CFO Transition
October 28, 2019 6:09 AM EDTSpotify (NYSE: SPOT) reported Q3 EPS of EUR0.36, versus (EUR0.42) reported last year. Revenue for the quarter came in at EUR1.73 billion versus the consensus estimate of EUR1.84 billion.
These forward-looking statements reflect Spotifys expectations as of October 28, 2019 and are subject to substantial uncertainty. We are reiterating our previous ranges with the exception of Total MAU, which we are adjusting higher due to continued... More
