Spotify Technology SA’s (NYSE:SPOT) strong third-quarter 2025 performance exceeded expectations on profits and margins, powered by robust premium subscriptions, higher user growth and improving ad-supported profitability. • SPOT is facing resistance from sellers. See the market dynamics here.The streaming giant's outlook points to continued margin gains and rising operating income into the fourth quarter, reinforcing its growing efficiency and sustained demand across both premium and ad-supported segments.G ...

核心业绩表现 - 第三季度每股亏损0.06美元，优于市场预期的每股亏损0.09美元 [1] - 第三季度营收达到3.772亿美元，超过市场预期的3.6127亿美元 [1] - 公司实现经调整后每股收益0.02美元，去年同期为每股亏损0.08美元 [2] 用户与营收数据 - 北美流媒体订阅用户数达到163.1万，同比增长1.1%，为公司历史上第三季度最高水平 [2] - 北美地区营收为3.686亿美元，同比下降2.3% [2] 盈利能力改善 - 经调整税息折旧及摊销前利润为690万美元，较去年同期改善3450万美元，连续第二个季度实现正值 [3] - 持续运营业务净亏损大幅收窄至1890万美元，去年同期为5470万美元 [3]