Spotify Technology S.A. Announces Financial Results for Second Quarter 2020
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/27/2026
- Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh
- Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run
- Oil settles up 2% after Trump rejects return to Iran ceasefire deal terms
- Could SpaceX's orbital compute avoid the political headwinds facing data centers?
- Could Meta's teen settlement be less painful than feared? Citi weighs in
- Nutanix (NTNX) Tops Q4 EPS by 11c, Beats in Revenue; Offers Q1 Revenue Guidance
- Boston Scientific discloses cybersecurity incident causing global disruption
- First Financial to acquire Hickory Point Bank in $111.3M deal
- Crude Inventory Rose 0.1 Million Barrels Last Week - EIA
- Revolution Medicines prices RASONQUE at $39,800 per month
Spotify (SPOT) PT Raised to $330 at RBC Capital
July 29, 2020 12:54 PM EDTRBC Capital analyst Mark Mahaney raised the price target on Spotify (NYSE: SPOT) to $330.00 (from $320.00) while maintaining a Outperform rating following results.
... MoreSpotify (SPOT) Reports Q2 Loss of EUR1.91 on Revenues of EUR1.89B; Provides 3Q & 4Q Revenue Outlook
July 29, 2020 6:11 AM EDTSpotify (NYSE: SPOT) reported Q2 EPS of (EUR1.91), versus (EUR0.42) reported last year. Revenue for the quarter came in at EUR1.89 billion versus the consensus estimate of EUR1.67 billion.
Our business performed well in Q2 and continues to operate at a high level despite the continuing uncertainty surrounding the COVID-19 pandemic. Excluding the impact of social charges related to the increase in our share price during Q2, all of our key metrics would have finished at or ahead of our expectations. Our liquidity position and Free Cash Flow remain strong, and we... More
