Spotify Stock Jumps. Why Wall Street Is Cheering Its First Full-Year Profit. - Barron's
1. Spotify added 11 million premium subscribers, exceeding analysts' expectations. 2. Q4 revenue reached €4.24 billion, surpassing forecasts despite lower earnings per share. 3. For the first time, Spotify reported a full-year profit with margin improvements. 4. The company expects 265 million subscribers next quarter, above market predictions.