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Spotify Stock Set to Extend Pullback on Mixed Q1 Results
SPOTSpotify(SPOT) Schaeffers Investment Research·2025-04-29 21:02

Spotify Technology SA (NYSE:SPOT) stock is 4.8% lower at $568.90 before the bell, after the streaming giant reported first-quarter operating income of 509 million euros, missing analyst estimates of 519.9 million euros, per FactSet. Revenue for the quarter came in at 4.2 billion euros, matching expectations, while monthly active users (MAUs) grew to 678 million -- in line with the company’s prior guidance. The streaming giant also issued a disappointing operating income forecast for the current quarter.Spot ...